Today kicks off perhaps the biggest week of the summer in the US in terms of economics news
Today kicks off perhaps the biggest week of the summer in the US in terms of economics news. This week we have three huge news events with the FOMC meeting concluding Wednesday, the same day Q2 GDP comes out. Plus, the July employment report is released on Friday. As if those three weren't enough, there's also ISM Manufacturing, Personal Income and Spending, Consumer Confidence, and Pending Home Sales. And let's not forget earnings season is in full swing. Big Oil is due up this week as well as a couple major pharmaceutical companies. Plus, results are due from widely followed names such as Tesla, LinkedIn, and GoPro (first earnings release). Given all the news this week, there could be some additional volatility in US financial markets. The FOMC report isn't likely to cause a stir, but GDP and July employment are big..
I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...
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