Pole vaulted you need to understand this week is about one thing and one thing only it is about earnings first time its been like that in awhile. This is the most overwhelming week ridiculous number of Companies Report at the same time. Let me give you the game plan for navigating a confusing if not impossible to understand period all right. Its going to start with tomorrow we hear from mcdonalds. A restaurant that can thrive in this environment, right . I would be disappointed. Yet results from pfizer that should have a good quarter and want more color on their Covid Vaccine and 3 m needed a better story about how their Safety Division is on fire. Their auto business turned and china is coming back, sadly, i dont think you hadany of that we have the defense in Aerospace Company that will give a glimpse of the broader industry on wednesday. I have a descent feeling about rathion but i fear we wont hear anything good about boeing im concerned about aerospace because we havent seen trave
After eating sevenmonth lows. Theproducers can halt recent slump. The latest trade data from china. The numbers will show how deeply the trade war is biting. Lets see how things are shaping up for asian markets. The s p went after through the largest recovery since december of 2018, we are seeing some modest gains in asia. Nikkei futures down, seeing the new zealand stocks up 0. 5 this is after new zealand, india, and thailand surprised with Interest Rate cuts. We are watching for a slew of Economic Data the big one is the china trade data, expecting exports and imports to decline. We saw some week pmi data before. Also, philippines Second Quarter gdp data will be coming out, it grew faster in the Second Quarter. Expecting japan currentaccount surplus data, expected to widen. We will also watching for singapore retail sales. Paul lets check in on the first word news. War isescalating trade seen pushing the economy toward a first recession in a decade. Larry summers says the risk in the