The schedule of economic releases for the week of April 8th is as follows:
- Monday: None
- Tuesday: NFIB Small Business Optimism Index, ICSC-Goldman Store Sales, and Wholesale Trade
- Wednesday: MBA Purchase Applications, FOMC Minutes, Treasury Budget
- Thursday: Chain Store Sales, Jobless Claims, Import and Export Prices, and Fed Balance Sheet
- Friday: Producer Price Index, Consumer Sentiment, and Business Inventories
I spoke with Peter Costa, Trader and President of Empire Executions, and CNBC Market Commentator, about the overall market, FOMC Minutes, weekly jobless claims, and his expectations for the market from the trading floor.
Costa expects the equity markets to flat line for the next three to four months and bounce around on various headlines from the euro zone and geopolitical events around the globe, including North Korea. Although companies have been beating expectations over...