Earnings, Inflation Report Will Drive Markets This Week
Stocks face a real test this week with a loaded calendar.
Our View
This week is going to be a big test for the S&P. The big banks report earnings this week and there's a full economic calendar, including the monthly CPI and PPI reports, Fed member Willams speaking, an OPEC meeting, 10-Yr note auction, mortgage applications, retail sales, initial jobless claims and import-export prices.
There are a few more, but…