Monday Morning Meeting Notes (11/13/2023)

General Info:

• Fun Fact: The Crooked Forest, located in Poland, is home to hundreds of pine trees planted in the 1930s that are mysteriously curved at a 90 degree angle

Monday 11/13:

• Japan producer price index (PPI) data

Tuesday 11/14:

• Home Depot, Sea Limited, and Eneti Inc report earnings
• U.S. consumer price index (CPI) data for October
• CPI is expected to have risen 0.1% month-over-month and 3.3% year-over-year
• Core CPI, which excludes volatile food and energy costs, is expected to have risen 0.3% month-over-month and 4.1% year-over-year
• U.S. NFIB Small Business Optimism Index for October
• Preliminary Q3 2023 GDP data for the Eurozone
• U.K. jobless claims

Wednesday 11/15:

• Target, Advance Auto Parts, TJX Companies, and Endava PLC report earnings
• National Raisin Bran Cereal Day
• In 1925, Skinner’s Manufacturing Company of Omaha, Nebraska, introduced the U.S. to Skinner’s Raisin Bran. While other bran cereals existed, Skinner's debuted the first with raisins included
• U.S. retail sales and PPI data for October
• U.K. CPI data for October
• China retail sales, industrial production, and fixed-asset investment

Thursday 11/16:

• Walmart, Alibaba, PagSeguro Digital, Globant SA, NetEase, and Ross Stores report earnings
• U.S. initial jobless claims and continuing claims data
• U.S. cross-border investment
• China new home prices

Friday 11/17:

• U.S. housing starts and building permits data for October
• U.S. Congress faces a midnight deadline to pass federal spending bills
• The expectation is a short-term spending bill (just like the one passed at the end of September) to avoid a shutdown but ultimately “kick the can down the road”