11/25/2007

Economic Focus: Week of Nov. 26, 2007

The market is going to focus on three items this week. First, Thanksgiving shopping data supposed to come out on Monday. Experts are expecting relatively strong numbers. Secondly, GDP data on Thursday. Is the economy still growing at a good pace? The advance number for Q3 showed a strong number on Oct. 31st. Finally, as the market has done in the last couple of months, it is going to focus on more credit related stories .

In addition to that, several numbers are due on the housing sector for the last three days of the week, but it is very doubtfull they will shed more light into the problem...

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