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By: Mark Abssy
In this week’s The Week Ahead, Tematica’s Mark Abssy shares why markets decided to pick up the ball and run further upfield despite Home Depot (HD) flashing yellow on a consumer under pressure.
Next week is light on economic data but will be chock a block with retail updates so we’ll get to see if Home Depot is the only one seeing what it sees. Also, we’ll talk about why Fed funds futures seem to be backing off from a full 1% cut in rates by years end, and more.
Related: The July Retail Sales Report - Not The Indicator You Think It Will Be