WHR - Wall Street Breakfast: The Week Ahead
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Economic reports in the week ahead The earnings season takes off next week with big reports pouring in from every sector. S&P 500 companies are expected to post profit growth of 32% this quarter. In the early going of the earnings season, companies are topping estimates by an average of 16% vs. the long-term average of 4%. On the economic calendar, reports on building permits, housing starts, the Philadelphia Fed manufacturing index, existing home sales, and leading economic indicators will draw attention - while the Federal Reserve's beige book report will give economists another check on the central bank's thinking. Big Tech companies are back in sights of Congress again with Senators Amy Klobuchar and Charles Grassley preparing a new bipartisan bill aimed at cutting into
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Wall Street Breakfast: The Week Ahead