The week ahead will be highlighted, not by economic data or earnings, but the inauguration of Joe Biden as president. Following the storming of the U.S. Capitol and reports that other protests around the country have been planned, all eyes will be on the inauguration as the new regime takes over.
As for economic data, one of the hottest parts of the economy during the tumultuous 2020 was the housing market as historically low mortgage rates eased affordability. This upcoming week will provide us with data on how the housing market finished 2020.
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