Monday Market Must-Knows: May, 23 2022
Earnings season is winding down a little with 300 companies reporting. What’s going on with the retail sector? Did they hit their sales numbers?What are the vital signs of the markets?Core PCE Price Index data as an indicator of inflation. What is expected and how will the Fed respond regarding rates? Can we expect some wild swings in the market this week?Preliminary GDP data. Is there a contraction and what does that mean? Will fear set in? As always, if you’re in the markets, make sure you have a trade plan.