by Calculated Risk on 10/26/2008 07:53:00 PM
Sunday, October 26, 2008
Progress: Nothing Blows up on a Sunday
Nothing blew up today ... at least so far ... I guess that is progress.
This will be a heavy news week, especially for housing with New Home sales released on Monday, and homeownership and vacancy rates released on Tuesday. The FOMC will announce a rate cut on Wednesday, and advance Q3 GDP will be released on Thursday (the investment numbers will be especially interesting). And much more ...
I expect most of the economic news will be bad. So far the futures are basically flat.
Bloomberg Futures.
Index Futures from Barchart.com (active futures have a time not a date)
CBOT mini-sized Dow
Should be another interesting week.