The Wall Street Journal highlights 5 things to watch in the US this week (I’d add in a 6th, but its SpongeBob Squarepants on the TV so probably not what they had in mind):
- The Jackson Hold central banker talkfest begins Friday … “Given this year’s headline topic, Ms. Yellen may offer up more clues as to what she thinks constitutes a healthy labor market — one strong enough to withstand higher interest rates.”
- Housing starts for July on Tuesday: “Miserable weather in the winter and spring hindered the development of buildable lots… Dryer weather is allowing more lots to be prepped for construction below the Mason-Dixon Line… economists expect t… that housing starts rebounded in July.”
- National Association of Realtors will report Thursday on July sales of existing homes.
- The CPI report on Tuesday
- FOMC July 29-30 policy meeting on Wednesday