Snapshot of July 16-20 Market Week

Next week is huge to see…

– if U.S. manufacturing slowdown continues

– if new home construction and existing home sales show anything more than “just ok but still too slow for sustainable recovery”

– if consumer inflation remains flat

– if 2Q earnings can outweigh macro concerns for equity markets

– if Fed chairman Bernanke will give any explicit signals to support the mortgage bond (MBS) trade that’s been driving rates so low.

Next week’s snapshot below, click image for details

-Highlights: Empire/Philly manufacturing Mon/Thu, consumer inflation Tue, housing starts/construction Wed, existing home sales Thu, Bernanke Capitol Hill testimony/Q&A Tue/Wed, 2Q earnings all week

Also See:
– Preview July 16-20 U.S. Market Week (CNBC)

– Preview July 16-20 Non-U.S. Market Week (Forex.com)

– $MACRO