Yep, beige book on the 31st, along with, GDP, PMI. Lot's of stuff coming this next week:
Some of the most crucial economic reports of the month will be unfurled next week.
They include: July consumer confidence, the advance reading on second-quarter gross domestic product, the Chicago Purchasing Managers Index for July, the Fed's Beige Book report on economic conditions, weekly initial claims, June construction spending, the July Institute of Supply Management Index, June personal income and spending figures, June factory orders and the all-important July employment report.
"I think we'll be stuck in a trading range for a while. There's no reason to rally from here and many investors have been scared out of the market. I think the next leg up may arrive in October or November if the economic data continue to improve and corporate news turns more positive," remarked Jay Suskind, director of trading at Ryan Beck & Co.
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