Sunday, October 26, 2008

The Week Ahead for October 27 – October 31

Monday: September New Home Sales
Tuesday: October Consumer Confidence, August Case-Shiller home price index
Wednesday: Federal Reserve Meeting, September durable-goods orders
Thursday: Weekly Initial Jobless Claims
Friday: September Personal Income and spending

Larson note: What can I say? As we start to peak out of the bale out things will start to get better, not that they were really all that bad in the first place. I would watch the Fed meeting on Wednesday to see what direction they are going to go in now that they are bailing out the investment back executives from being dumb. It will be interesting to watch if the same dumb bank officials attempt to try to give themselves bonuses later on this year. If they do watch out! All hell will break loose. I’m looking to see exactly what the durable goods numbers come in at. This will start to set the stage of the holiday buying season.

Howard Larson
Larson & Associates
Target Marketing & Telesales Professionals for new account acquisition
Making good businesses great and great businesses even better

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