So, if it's Thursday (ok, well Sunday), then it's time for Next Week's
News Today where we publish our own futures calendar of earnings,
reports, hearings and political events which will either drive the
news, or deserve more attention. We took a break for the holidays,
but we're back, and this coming week you'll see the markets and coverage
driven by a few choice economic reports and of course Capitol Hill hearings. Oh
and don't forget the RNC Chairmanship debate.
Just what are we talking about? Oh, just the economic recovery,
examination of Mr. Madoff's investment strategy, and of course
Daschle, Holder, and Solis confirmation hearings.
And what's the backdrop? What we've been pointing out, that as soon
as the new year is in the rear view mirror, the spotlight will be on the new administration's stimulus package.
And any big speeches? You bet, look for Treasury Secretary Paulson's
remarks on the housing recovery, Wednesday, 1/7.
Here's why you care about next week's trends in earnings and reports:
Earnings: Focus on Wednesday (1/7), you'll see some familiar retail names.
Reports: Unemployment claims and a report that measures consumers'
debt on Thursday, 1/8, will be interesting. All eyes on December
unemployment numbers come Friday, 1/9.
As always notable earnings, events, and reports are below are below:
MONDAY 1/5
Reports: Construction Spending (for Nov.); Car/Truck Sales (for Dec.)
Hearings: House Financial Services Committee holds a hearing titled
"The Madoff Ponzi Scheme and the Need for Regulatory Reform," 2p ET.
Political Events: RNC Chairmanship Debate, 1p ET, National Press
Club, hosted by Americans for Tax Reform. Who will be there? Check
out NPC's website.
TUESDAY 1/6
Reports: Minutes from the Federal Reserve's December 16th meeting.
WEDNESDAY 1/7
Earnings: Bed Bath & Beyond, Family Dollar, Monsanto, Ruby Tuesday,
Sonic, Supervalu, WD-40 Company
Events: Treasury Secretary Henry Paulson remarks the housing recovery, 12p ET.
Hearing #1: House Financial Services Committee holds hearing on
"Priorities for the Next Administration: Use of TARP Funds Under the
Emergency Economic Stabilization Act of 2008," 10a ET.
Hearing #2: House Democratic Steering and Policy Committee holds
hearing on the Economic Recovery Plan, 10a ET. Witness list includes
Fmr. Labor Secy. Robert Reich and Moody's Mark Zandi.
Briefing: U.S. Chamber of Commerce's State of American Business, 10a
ET. Briefing by Chamber President Thomas Donohue.
THURSDAY 1/8
Economic Reports: Consumer Credit (ie- measure debt for December);
Initial Unemployment Claims
Confirmation Hearing: Senate Health, Education, Labor and Pensions
Committee holds the confirmation hearing for HHS Secretary Nominee
Thomas Daschle, 10a ET.
FRIDAY 1/9
Reports: Unemployment Rate for December
Confirmation Hearing: Senate Health, Education, Labor and Pensions
Committee holds the confirmation hearing for Labor Secretary Nominee
Rep. Hilda L. Solis (D-CA), 9:30a ET.
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In order to understand how the tug of war over money, power and land between Capitol Hill and Wall Street impacts your life you MUST understand the business pages. But, sometimes trying feels like you need a decoder ring. That's where we come in: We are at once - a veteran journalist, and a long time professor of finance and real estate law. This is our journalistic and academic effort to explain why you care about the complexities of Washington and Wall Street by highlighting solid reporting and decoding the business pages along the way.
Why WE Care
Tom Kaufman combines two perspectives: 20 years as an adjunct law professor at Georgetown, along with a Wharton MBA. He currently serves as the Capital Markets and Real Estate Finance Committee Chairman for the American College of Real Estate Lawyers.
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Disclaimer:
Posts on this Website have been written and displayed for informational purposes only and are not legal advice. The transmission of the Website, in whole or in part, and/or any communication with us via Internet e-mail through this site, does not constitute or create an attorney-client relationship between us or our law firm and any recipients.
No recipients of content from this Website should act or refrain from acting on the basis of any content included in the site without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue from an attorney licensed in the recipient's state.
The content of this Website contains general information and may not reflect current legal developments, verdicts or settlements. We and our law firm expressly disclaim all liability in respect to actions taken or not taken based on any or all the contents of this Website.
Please do not submit any confidential information. Any information submitted to or through the Website is not secure and is done so on a non-confidential basis.
Posts reflect the personal opinions of the authors, and are not the views of any past or present employer or institution with which the author may be affiliated.