What might those be?
- the next FOMC decision is Wednesday (5/2)
- No change is expected but the market will eye the statement for clues as to whether the Fed will stick or stray from the 3-hike-a-year plan
- April nonfarm payrolls (+190k est vs +103k) come out on Friday (5/4)
- Last month’s light number was considered distorted, the market will be looking for a return to ‘normal’
So that’s what’s ahead. I don’t think these catalysts will change the treading-water nature of the market but those will matter more than the continuation of earnings season. Have a good weekend, see you
Monday
,-Mike
