The third quarter earnings cycle kicks off in earnest this week, headlined by some of the biggest names in the financial sector. It will be interesting to hear how financials were able to control costs while low interest rates and the inverted yield curve put pressure on their income potential.
As for economic data, housing data will capture the headlines. Recent data on the housing sector has shown promise, and we will see if falling mortgage rates continued to provide a boost to the sector.
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