The all-important combination of economic data and monetary policy will dominate market discourse this week, as investors reflect on a third quarter filled with ups and downs.
Data on manufacturing, consumer confidence, durable goods orders and GDP will make headlines in the final week of Q3.
The fourth quarter could prove favorable for U.S. equities. The period after Halloween has historically been an opportune time to enter the stock market. A dose of holiday cheer heading into Thanksgiving and Christmas may also contribute to the market’s performance in the months ahead. In the meantime, investors will be keeping a watchful eye on economic data and its role in fueling central bank decision-making.
The Federal Reserve was in the spotlight last week as it voted on monetary policy and released its latest quarterly projections. To compare this week’s outlook with the previous edition, click here.
