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Sunday, October 26, 2008

Progress: Nothing Blows up on a Sunday

by Calculated Risk on 10/26/2008 07:53:00 PM

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.