The Week Ahead: What Will The Winter Bring?
We can enjoy two light weeks for economic reports. Both are holiday-shortened, implying lower volume but not necessarily lower volatility. Personal income and spending will be especially interesting, along with updated unemployment claims data. It is also an especially important time to monitor sentiment. The biggest reports are scheduled for the first week of 2021. The calendar will prompt many to offer specific and complex forecasts for next year. Good luck with that! It is necessary for investors to think ahead, but dangerous to drive faster than you can see on a foggy road. A good approac...
Source: econintersect.com