MONDAY OUTLOOK: LINGERING EFFECTS OF THE GOVERNMENT SHUTDOWN

Marketwatch today posted a story about economists “flying blind” in the absence of some of the most critical economic data – namely the unemployment figure, and U.S. GDP – as a result of the government shutdown. Both reports will be released this week (GDP on Thursday, unemployment on Friday), but some economists say it may actually be a couple more months before the data gets back on track.

 

Tuesday:

Gallup U.S. Consumer Spending Measure 8:30 AM ET

TD Ameritrade IMX 12:30 PM ET

 

Wednesday:

ICSC-Goldman Store Sales 7:45 AM ET

US: Redbook 8:55 AM ET

 

Thursday:

Challenger Job-Cut Report 7:30 AM ET

U.S. GDP 8:30 AM ET

Fed  Balance Sheet 4:30 PM ET

 

Friday:

 

U.S. Employment Situation 8:30 AM ET

U.S. Consumer Sentiment 9:55AM ET

Federal Reserve Chairman Ben Bernanke Speech 3:30 PM ET

 

Links

According to one industry forecast, U.K. growth begins next year (Bloomberg)

Here’s how financial advisors use social media (Advisor Tech Tips)

The Aussie Dollar will remain strong until the Fed tapers (WSJ)

Despite two revolutions, the Egyptian Exchange may launch a futures market  (Financial News)

The debt ceiling fight has intensified collateral concerns (Financial News – subscription)

A breakthrough in quantum cryptography could make financial markets of the future cheat-proof (Quartz)

The IEA is releasing their World Energy Outlook on Nov. 12 (International Energy Agency)

Communicating the future path of monetary policy instruments (VOX)

There’s a reason to be optimistic about the Russian economy (Fortune)

FIA Expo (Agenda)

 

OpenMarkets is an online magazine and blog focused on global markets and economic trends. It combines feature articles, news briefs and videos with contributions from leaders in business, finance, economics and politics in an interactive forum designed to foster conversation around the issues and ideas shaping our industry.

Additional Recent Articles in News