Monday Outlook: Milk Production and Housing


The EU lifted its milk quota at the beginning of the month, and Tuesday marks the first release of U.S. milk production since that happened. Market watchers expect a modest increase in Tuesday’s numbers, but it remains to be seen what impact the lifting of EU quotas will have on U.S. production and exports.  Some other key economic events this week:


Economic Calendar


Chicago Fed National Activity Index 8:30 AM ET



Milk Production 8:30 AM ET

Crop Progress 4:00 PM ETcm



FHFA House Price Index 9:00 AM ET

Existing Home Sales 9:00 AM ET



New Home Sales 10:00 AM ET

U.S. Dairy Product Sales 4:00 PM ET



Export Sales 8:30 AM ET

Durable Goods Orders 8:30 AM ET



Futures or ETFs?  A guide to help you choose (CME Group)

The fall in oil prices hasn’t curbed fracking (The Economist)

China is clamping down on margin lending (Reuters)

52% of Americans are not investing in the stock market (Wall Street Journal)

What is holding down earnings expectations? (Humble Student of the Markets)

It’s good to be Germany (Bloomberg)

What is the right size of the financial industry (Bloomberg View)

Three misconceptions about risk management (A Wealth of Common Sense)

Cattle producers are looking at new uses for drones (Iowa Farmer Today)

Five signs of  a bubble (Bloomberg View)

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