Economic data takes center stage with the Q4 earnings season coming to a close and with most eyes on the warnings for forward earnings, or the lack thereof, in the wake of the uncertain coronavirus. The inflation prints will be widely watched as supply shocks tend to be inflationary, however, expectations are for inflation to remain muted. Additionally, the consumer sentiment readings will be more telling as the data will correspond more closely to the coronavirus outbreak. Finally, don’t be surprised if we see some data misses as we move forward with economic data that captures the same period as the outbreak.
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