What Could Go Wrong? (Four Candidates)
What’s in Today’s Report:
- What Could Go Wrong? (Four Candidates)
- Weekly Market Preview: A Busy and Important Week of Fed Decisions, Earnings and Economic Data
- Weekly Economic Cheat Sheet: Jobs Report and ISM Manufacturing PMIs Friday Are the Highlights
Futures are modestly higher on the announcement of a U.S./EU trade deal and further delay in tariff increases for China.
The U.S. and EU agreed to a trade deal this week with details that are largely in-line with market expectations at the end of last week.
The U.S. and China agreed to a 90-day extension of their tariff pause to continue to work on a larger trade deal.
This will be a busy and important week from an economic standpoint, but it starts quietly as there are no reports today.
Similarly on earnings, this is the most important week of the year with earnings looming from major tech firms (MSFT/META/AAPL/AMZN) but it starts quietly. Some reports we’re watching today include: WM ($1.88), WHR ($1.54), WELL ($1.22).
