Although a very busy news week made up for it, last week was uneventful on both the earnings and economic data front.  In terms of earnings, only eight companies reported, and for economic data, as shown below, there weren’t even a dozen releases.

This week is another story.  On the economic data front, there are more than two dozen releases crammed into Tuesday through Friday (there are no scheduled releases for today due to the Columbus Day holiday).  Small business optimism will be the first release of the week early Tuesday morning.  CPI will be out later in the day with PPI following up on Wednesday morning.  Tuesday will also see manufacturing readings from the Philly and New York Fed, and we’ll get the usual Thursday weekly releases like jobless claims and Bloomberg Consumer Comfort.  Friday closes out the week with retail sales, industrial production, University of Michigan sentiment, and TIC flows all on the docket.

Not only is economic data ramping up but so too are earnings.  Whereas last week only saw 8 earnings reports, this week there are over ten times that number as earnings season kicks off with some of the big banks like Citi (C) and JPMorgan Chase (JPM) reporting.  As shown in the snapshot from our Earnings Explorer below, the following three weeks will only see the number of companies reporting accelerate with peak earnings season in the first week of November.  Click here to view Bespoke’s premium membership options for our best research available.

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