Weighing The Week Ahead: How Should Investors React To The Oil Price Rally?
This week's economic calendar is pretty light. Market participants will be looking to an early getaway for the long weekend. While there will be plenty of entertaining FedSpeak, I expect a different topic to be at the fore. The news was pretty good, but the stock market was not. In my last WTWA, I predicted that the punditry would be asking whether it was "springtime for housing". That was the recurring topic as housing news was reported on several different days and garnered plenty of discussion. Competition came from the Fed Minutes, some dramatic earnings reports, and the election race. I always start my personal review of the week by looking at this great chart from Doug Short.
May-22-2016, 03:42:07 GMT
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- North America > United States (1.00)
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- Energy > Oil & Gas (1.00)
- Banking & Finance > Trading (1.00)
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