I hope everyone is having a nice weekend and getting some rest away from the screens. Last week was quite chaotic and I suspect this week will be as well. There is a bunch of economic data out, but it will be secondary to the war in Iran.
On Tuesday, we get NFIB, ADP weekly, Redbook and existing home sales. Wednesday we get MBS apps and CPI. On Thursday we get jobless claims, building permits and trade data. On Friday, we get Personal Income/Spending and Core PCE, durable goods, JOLTS for January, and UMICH.
We will cover the data from last week, and the developments in Iran. This is another supply shock to the economy, and it seems to be occurring much more regularly than people want to acknowledge.