Inflation and Earnings Reports Set the Tone for a Weakening US Economy
Next week will bring a wealth of important economic data, as key inflation readings and earnings reports loom large. These figures are set to provide further insight into the state of the U.S. economy, which has been signaling a slowdown in recent months due to labor market pressures.
The Consumer Price Index (CPI) is expected to be released on Tuesday and will give an indication of how prices have changed for consumers over the past month or so – this figure could offer clues about underlying inflationary trends within the economy at present.
Additionally, several major companies, such as Apple Inc., Microsoft Corp., Amazon Inc., Alphabet Inc., Facebook Inc., and Johnson & Johnson are all scheduled to report their quarterly earnings results next week; these figures should help investors gain an understanding of how well those firms have performed financially during this period – providing yet another indication about where things stand economically speaking right now.
Overall then, next week’s data releases promise to be highly informative when it comes to assessing current conditions within America’s financial markets – with both CPI readings and corporate profits likely playing a crucial role in shaping investor sentiment going forward from hereon in.Read more at CNBC