Another Week Of Record Highs On Wall Street

Besides the crucial economic releases, the Fed’s rate decision, and corporate earnings will be at the center of attention next week, so we could be in for another eventful week. The durable goods report will be out on Tuesday, together with the CB consumer confidence number and the Richmond Manufacturing Index, the Fed meeting will conclude on Wednesday, the first reading of the fourth-quarter GDP will be out on Thursday. The week will end with the Fed’s favorite inflation measure, the core PCE Price Index, personal spending and the Chicago PMI, so by the end of the week,  we could have way more information about the Fed’s possible strategy for the rest of 2020. Stay tuned!

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