The final stretch before the election

The final stretch before the election

Monday we're going to get the Senate confirmation of a Supreme Court justice but at that point it should also be entirely clear that a stimulus bill is dead.

Economic data hasn't been a market mover for awhile and I doubt it will be next week but there is a big event on the calendar with the first look at Q3 GDP coming up, and it should be a record jump.

The Fed goes into its quiet period tomorrow so we won't have to hear from them.

Monday:

  • New home sales

Tuesday:

  • Durable goods orders
  • Conference Board consumer confidence
  • Richmond Fed

Wednesday:

  • Advance goods trade balance
  • Wholesale inventories

Thursday:

  • Q3 advance GDP
  • Pending home sales

Friday:

  • PCE report
  • U Mich final sentiment

Here is a good preview of the Q3 GDP report.