Monday Morning Meeting Notes (02/12/2024)
Bradley Prosper, CFA®, CFP® Weekly Economic Insights
Monday Morning Meeting Notes (02/12/2024)
General Info:
- Fun Fact: In ancient Egyptian days, radishes, onions, and garlic were given to workers as wages. Good thing they didn't give kale - that would technically be garnished wages (I'll be here all week)
Monday 02/12:
- Carnival holiday in Brazil, which runs through February 13th
Tuesday 02/13:
- Coca-Cola, Shopify, Airbnb, Zoetis, Moody’s, EQT Corporation, and IAC report earnings
- National Pancake Day – to celebrate, IHOP is offering a free short stack from 7am-7pm
- February 13th is also National Tortellini Day, but sadly I haven’t found any delicious pasta deals
- U.S. consumer price index (CPI) data for January
- CPI is expected to have risen 0.2% month-over-month and 2.9% year-over-year
- Core CPI, which excludes volatile food and energy costs, is expected to have risen 0.3% month-over-month and 3.7% year-over-year
- U.S. NFIB Small Business Optimism Index for January
- U.K. jobless claims and unemployment data
Wednesday 02/14:
- Cisco Systems, Sony, Equinix, Occidental Petroleum, The Kraft Heinz Company, Energy Transfer, IQVIA, Global Payments, Owens Corning, Albemarle, and Curtiss-Wright report earnings
- Ash Wednesday, which commences the Christian Lent period
- U.K. CPI data for January
- Eurozone industrial production and GDP data
- Canada existing home sales for January
Thursday 02/15:
- Applied Materials, Deere, Stellantis, Southern Company, Ingersoll Rand, CBRE Group, EPAM Systems, Globant SA, and Casella Waste Systems report earnings
- U.S. retail sales and industrial production data for January
- U.S. initial jobless claims and continuing claims data
- U.K. industrial production and GDP data
- The U.K.’s Q4 2023 GDP is expected to have grown by 0.1% year-over-year
- Japan industrial production and GDP data
- Japan’s Q4 2023 GDP is expected to have grown by 1.2% annualized
Friday 02/16:
- PPL Corporation reports earnings
- U.S. housing starts and building permits data for January
- U.S. producer price index (PPI) data for January
- U.S. University of Michigan consumer sentiment index (preliminary February data)
- South Korea unemployment data for January
About the Author
Bradley Prosper, CFA®, CFP®
Senior Research Analyst
Mr. Prosper is a member of the Firm’s investment research group where he assists in conducting investment research that is instrumental in the construction, maintenance, and management of client portfolios. This research includes the procurement of primary data via direct investment manager interviews as well as analyzing information from our data resources.