The Week Ahead: Bigger Wall Under Construction
Written by Jeff Miller, A Dash of Insight
The economic calendar is important this week featuring data on personal income and spending and the Fed’s favorite inflation measure, the PCE index. Housing data includes four reports, with new home sales of special interest. There are also reports on consumer sentiment from both the Conference Board and the University of Michigan.
Most of the economic reports have been beating expectations, but investor concerns seem to have increased. The Wall of Worry has some new bricks provided daily by the flow of news. This raises the question:
How should investors respond to the many headline risks?
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