Based on the stellar April equity returns most investors have decided to look past the very poor first quarter earnings and the historically bad economic data and look forward to when earnings and the economy may rebound. Despite focusing on the future and a potential rebound, the week ahead contains some significant releases. We will find out what impact the historic decrease in oil prices, and demand for services and products has had on inflation. Meanwhile, the historic drop in consumer spending is sure to impact retail sales, which will be announced this week. Finally, consumer sentiment has plummeted recently along with economic activity, however, will the recent flattening of the COVID-19 curve and equity rally improve sentiment amongst consumers?
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