A Look Ahead: Next Week's Market Moving Events

By Oliver Pursche  DEC 14, 2012 4:37 PM

Both GDP and jobless claims will be released next Thursday.


MINYANVILLE ORIGINAL Better than expected economic news in the form of strong Chinese Manufacturing data, lower-than-forecast US jobless claims, and declining consumer prices helped markets offset fiscal cliff-related anxieties that are likely to plague markets through the rest of the year.
Next week's market-moving events:
The Trade: Based on increasingly positive Chinese and US data, expect a market rally upon the resolution of fiscal cliff-related worries, which have continued to outweigh better-than-expected economic data. Expect manufacturing, industrial, and consumer goods shares to lead the rally.

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