Fundamental Analysis and the Week Ahead

Sep 8, 2011
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ECONOMIC NEWS

US employment rose 80,000 in October. This was less than a gain of 95,000 that economists had expected. However, the jobless rate slipped to a six month low of 9 percent. Also, an upward revision to the prior months’ job gains pointed to a possible gain of strength in the jobs market.

THE WEEK AHEAD

MONDAY: Consumer credit

TUESDAY: NFIB small biz optimism index, 3-yr note auction, EU finance ministers meet

WEDNESDAY: Weekly mortgage apps, wholesale trade, oil inventories, 10-yr note auction

THURSDAY: International trade, jobless claims, import & export prices, 30-yr bond auction

FRIDAY: US Holiday—Veteran’s Day. Markets open, banks closed. Consumer sentiment, French short sale ban ends

analysis written by David Frank