What to Expect in the Week Ahead

Author

Pete Tan
January 14, 2025

In partnership with

🌟 What to Expect in the Week Ahead: Key Earnings & Economic Data! 🌟

Get ready for a busy and potentially market-moving week! Here's what’s on the radar:

Earnings Bonanza

This week kicks off the Q4 earnings season, with big banks in the spotlight:
📅 Wednesday:

  • JPMorgan

  • Goldman Sachs

  • Wells Fargo

  • Blackrock

  • Citigroup

📅 Thursday:

  • Morgan Stanley

  • Bank of America

  • TSMC

  • UNH

💡 Highlights:

  • Bank of America is expected to shine with a 120% jump in EPS!

  • Morgan Stanley leads revenue estimates with a 16% increase forecasted.

  • All five banks are trading near their highs after recent rallies – can they deliver?

Macroeconomic Events to Watch

Inflation in Focus:
Economists are closely watching the CPI (Tuesday) and PPI (Wednesday) for signs of stubborn inflation. In November, annual inflation jumped to 2.7%, with grocery prices seeing their largest spike in 2 years.

💡 Key Questions:

  • Will December inflation show relief or persistence?

  • How will the Fed respond as it weighs more rate cuts?

Retail Sales (Friday):
Consumers are defying expectations with resilient spending. November saw a 0.7% jump, driven by strong automobile sales. Will December keep the momentum?

Housing Market (Friday):
December housing starts data will shed light on the state of the market, a key area of economic focus.

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💭 What This Means for Investors:
This week offers critical insights into the health of banking, consumer spending, and housing – key pillars for market direction. Stay sharp, as earnings and economic data could set the tone for 2025’s first quarter.

What are you most excited to see? 🚀

Happy Hunting!

Pete
Invest with Pete

🚨‼️ By the way, I’ll never PM anyone on telegram or any other social media platforms. If you receive any “Pete” messaging you, these are scammers impersonating me. Pls beware!

The information provided in this newsletter is for informational purposes only and does not constitute financial advice. Readers should seek their own independent financial advice before making any investment decisions. Please note that while Pete is a portfolio manager, the opinions expressed in this newsletter are his own and do not represent the views of any organization. Always perform your own research and due diligence before investing.