HEI: Watching, waiting, hoping

THE HEISENBERG writes:
Traders are staring down a data-heavy week ahead of Election Day in the US, as durables, consumer confidence, claims, personal income/spending, and, of course, the first read on third quarter GDP, headline a crowded docket stateside.
Obviously, Q3 GDP will show the US economy staged a dramatic rebound in the three months following the catastrophic collapse that accompanied the pandemic lockdowns. In short, the worst quarter for the world’s …

The post HEI: Watching, waiting, hoping appeared first on The Loadstar.

Source: The Loadstar

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