AZYO - 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 aheadBig banks will lead off the Q3 earnings season next week with investors likely to see more surprises than normal due to the uncertainty of forecasting numbers amid a pandemic. Of note, the 12 largest U.S. banks are all forecast to report a profit. Overall, Q3 profit for S&P 500 companies is forecast to be down 21% Y/Y to improve on the 31% drop recorded in Q2. On the event calendar, Apple's (NASDAQ:AAPL) iPhone reveal and Zoom Video's (NASDAQ:ZM) two-day Zoomtopia stand out. Economic highlights in the week ahead include the consumer price report, the latest Philadelphia Fed Index reading and an update on retail sales. More stop and go with stimulus talks seems like a decent bet as well. BlackRock
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Wall Street Breakfast: The Week Ahead