Tom Hanna's Lifestream

This week will give investors another breather of sorts with overflow from last week's holidays starting off the week when the Fed reports on money supply Monday. This statistic had become so boring, and so little consulted, a few years ago that the Fed moved to a leaner version. The theory at the time was that what was important to watch for monetary policy was the federal funds rate. Now the Fed has slashed that rate about as low as possible and is directly inflating the money supply as a major policy tool. The numbers are getting very interesting and they are pointing in a very familiar direction – another bubble is in the works. Tuesday, the Conference Board will report on Consumer Confidence. With real disposable personal income up 1% last month, we should start to see at least stabilization if not a rebound.
Most of the weekly indicators will hit on Wednesday, because of the holiday and the week will wrap out without much else in the way of economic news.
Thursday will bring the Yearly Financial Roadmap right here.

Day / Date





Monday





Tuesday





Wednesday





Thursday





Friday







Indicators

Money Supply from the Federal Reserve Board

Consumer Confidence Index from the Conference Board Weekly Redbook Retail Index

Weekly Jobless Claims report from the Employment and Training Administration Weekly Mortgage Applications Survey from the Mortgage Bankers Association Weekly Petroleum Inventory Report and This Week in Petroleum from the Energy Information Administration Weekly Natural Gas Report from the Energy Information Administration

None

None

Treasury Auctions and Announcements

11 AM: 4-Week T-Bill Announcement 1 PM: 3-Month and 6- Month T-Bill Auctions

1 PM: 4-Week T-Bill Auction

None

11 AM: 3-Month and 6-Month T-Bill Announcements 1 PM: 10-Year Treasury Notes Announcement

None

*See more information on the Financial Roadmap series here. Earnings reports are companies of interest, NOT recommendations.

You're reading a post from Financial Options, hopefully in your feed reader and not on a scraper site. Click through for the original and more like it. Financial Roadmap: The Week Ahead December 29, 2008 to January 2, 2009