Monday Morning Meeting Notes (01/22/2024)

Weekly Economic Insights

Monday Morning Meeting Notes (01/22/2024)

Bradley Prosper, CFA®, CFP® Weekly Economic Insights

Monday Morning Meeting Notes (01/22/2024)

General Info:

  • Fun Fact: Do you know why the unit of measure for gemstones is “carats”? Carat comes from the Greek keration, or “carob bean,” which was used as a standard for weighing small quantities. It’s equivalent to 200 milligrams, or about 0.007 ounces

Monday 01/22:

  • U.S. Conference Board leading index
  • China loan prime rates
  • Taiwan unemployment rate and export orders for December

Tuesday 01/23:

  • Netflix, Johnson & Johnson, Canadian National Railway, Procter & Gamble, 3M, Lockheed Martin, D.R. Horton, and Texas Instruments report earnings
  • New Hampshire holds the first U.S. presidential election primary
  • Bank of Japan (BOJ) monetary policy meeting
  • Eurozone consumer confidence for January
  • Taiwan industrial production for December

Wednesday 01/24:

  • Tesla, ServiceNow, AT&T, IBM, CSX, TE Connectivity, General Dynamics, and Las Vegas Sands report earnings
  • S&P Global Services PMI data for the U.S., Eurozone, U.K., Japan, Germany, and France
  • S&P Global Manufacturing PMI data for the U.S., Eurozone, U.K., Japan, Germany, and France
  • Bank of Canada monetary policy meeting

Thursday 01/25:

  • Visa, LVMH, Northrop Grumman, Blackstone, NextEra Energy, Comcast, Intel, Capital One, Fair Isaac Corp, SK Hynix, Southwest Airlines, American Airlines, Marsh & McLennan, and CNX Resources report earnings
  • U.S. reports Q4 2023 GDP data, which is expected to have shown 2.0% annualized growth
  • U.S. new home sales for December
  • U.S. durable goods orders for December
  • U.S. initial jobless claims and continuing claims data
  • European Central Bank (ECB) monetary policy meeting, which will be followed by ECB President Christine Lagarde’s news conference

Friday 01/26:

  • American Express, Norfolk Southern, and Volvo report earnings
  • U.S. personal income and spending for December, which includes personal consumption expenditures (PCE)
  • PCE is expected to have grown 0.2% month-over-month and 2.6% year-over-year
  • Core PCE, which excludes volatile food and energy costs and is the Federal Reserve’s preferred inflation gauge, is expected to have grown 0.2% month-over-month and 3.0% year-over-year
  • Bank of Japan (BOJ) releases the minutes from its previous monetary policy meeting
  • Japan consumer price index (CPI) 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.