Monday Morning Meeting Notes (11/13/2023)

Weekly Economic Insights

Monday Morning Meeting Notes (11/13/2023)

Bradley Prosper, CFA®, CFP® Weekly Economic Insights

Monday Morning Meeting Notes (11/13/2023)

General Info:

  • Fun Fact: The Crooked Forest, located in Poland, is home to hundreds of pine trees planted in the 1930s that are mysteriously curved at a 90 degree angle

Monday 11/13:

  • Japan producer price index (PPI) data

Tuesday 11/14:

  • Home Depot, Sea Limited, and Eneti Inc report earnings
  • U.S. consumer price index (CPI) data for October
  • CPI is expected to have risen 0.1% month-over-month and 3.3% year-over-year
  • Core CPI, which excludes volatile food and energy costs, is expected to have risen 0.3% month-over-month and 4.1% year-over-year
  • U.S. NFIB Small Business Optimism Index for October
  • Preliminary Q3 2023 GDP data for the Eurozone
  • U.K. jobless claims

Wednesday 11/15:

  • Target, Advance Auto Parts, TJX Companies, and Endava PLC report earnings
  • National Raisin Bran Cereal Day
  • In 1925, Skinner’s Manufacturing Company of Omaha, Nebraska, introduced the U.S. to Skinner’s Raisin Bran. While other bran cereals existed, Skinner's debuted the first with raisins included
  • U.S. retail sales and PPI data for October
  • U.K. CPI data for October
  • China retail sales, industrial production, and fixed-asset investment

Thursday 11/16:

  • Walmart, Alibaba, PagSeguro Digital, Globant SA, NetEase, and Ross Stores report earnings
  • U.S. initial jobless claims and continuing claims data
  • U.S. cross-border investment
  • China new home prices

Friday 11/17:

  • U.S. housing starts and building permits data for October
  • U.S. Congress faces a midnight deadline to pass federal spending bills
  • The expectation is a short-term spending bill (just like the one passed at the end of September) to avoid a shutdown but ultimately “kick the can down the road”

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.