Monday Morning Meeting Notes (11/27/2023)

Weekly Economic Insights

Monday Morning Meeting Notes (11/27/2023)

Bradley Prosper, CFA®, CFP® Weekly Economic Insights

Monday Morning Meeting Notes (11/27/2023)

General Info:

  • Fun Fact: China is home to the world’s highest bridge. The 4,400-foot-long Duge Beipanjiang Bridge goes across an 1,854-foot valley

Monday 11/27:

  • U.S. new home sales for October

Tuesday 11/28:

  • Hewlett-Packard Enterprise, Intuit, Splunk, Workday, NetApp, and Pinduoduo report earnings
  • U.S. Conference Board consumer confidence for November
  • Taiwan GDP data for Q3 2023

Wednesday 11/29:

  • La-Z-Boy, Salesforce, Pure Storage, and Dollar Tree report earnings
  • U.S. GDP data for Q3 2023 (second reading)
  • Consumer price index (CPI) data for Germany and Spain
  • Eurozone economic confidence and consumer confidence data for November
  • U.S. Federal Reserve (Fed) releases its beige book of regional economic activity
  • The OECD releases its biannual outlook, which includes its new economic forecasts

Thursday 11/30:

  • Kroger, Dell Technologies, Royal Bank of Canada, and Toronto-Dominion Bank report earnings
  • OPEC+ meeting is held and will be focused on finalizing oil output levels for 2024
  • U.S. personal income and spending data, which includes the Fed’s preferred inflation measure – personal consumption expenditures (PCE)
  • PCE is expected to have risen 0.1% month-over-month and 3.1% year-over-year (vs. 3.4% last month)
  • Core PCE, which excludes volatile food and energy costs, is expected to have increased 0.2% month-over-month and 3.5% year-over-year (vs. 3.7% last month)
  • U.S. initial jobless claims and continuing claims data
  • Eurozone unemployment data for October
  • Eurozone CPI data for November
  • China manufacturing and non-manufacturing PMI data for November
  • Hong Kong retail sales for October
  • South Korea industrial production for October

Friday 12/01:

  • U.S. light vehicle sales data for November
  • S&P Global Manufacturing PMI data for the U.S., Eurozone, U.K., Japan, Germany, France, South Korea, and Taiwan
  • China Caixin Manufacturing PMI data for November
  • Macau casino revenue for November

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.