Happy New Year!
Starting off the new year with the following reports this week:
- Pending Home Sales-due out tomorrow is a leading indicator of housing activity as it provides an indication of demand and economic momentum.
- FOMC Minutes-Notes on the previous Federal Open Market Committee meeting which offers insights into the Federal Reserve’s actions and the direction of interest rates.
- Employment Situation-Labor market indicators that offer the most comprehensive look at the true state of unemployment, wage trends and this report has the ability to move the market.
Later this week I’ll post 2009 statistics for the Burbank area.
