The Week Ahead: Data Offers Hints at State of Economy
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Jeremy Glaser: Welcome to The Week Ahead. The third quarter kicks off this week with some important data on the state of the economy, although there won’t be much in the way of earnings.
Jobs will be in focus on Friday with the employment report for June. May's numbers disappointed, and we saw downward revisions to previous months, but the unemployment rate did hit a 16-year low.
Auto sales, the ISM index, and factory orders will provide an update on the industrial economy.
The minutes from the Fed's last meeting are out Wednesday. They will provide a deeper look as to why the central bank decided to hike rates and their plans to eventually shrink their balance sheet.
Stay tuned for our take on these stories.
The author or authors do not own shares in any securities mentioned in this article. Find out about Morningstar’s editorial policies.
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