Week Ahead: A Focus on Manufacturing, Monetary Policy and Inflation
Fox Business – After the stock market took a brutal, post-election battering, all eyes next week will be on equities as investors try to figure out what’s next for Wall Street. Next week will also be a busy one for investors with a lot of manufacturing, monetary policy and inflationary data coming out.
Sunday is Veteran’s day. The banks and the federal government are closed Monday but the stock and bond market are both open.
Tuesday, the National Federation of Independent Business comes out with its monthly index that gauges small business optimism for the prior month. Because the election was so recent, November’s index will be more closely watched to see whether or not President Obama’s re-election will affect small business owner’s optimism.
On Wednesday, the Commerce Department posts retail sales numbers for October. Reports for the two previous months have shown gains — the most since October 2010. Also on Wednesday, the Federal Reserve releases minutes from its last policy-setting meeting, which is significant because it gives investors details on what was discussed.