Welcome to yet another exciting trading week on Wall Street!
With the markets still sitting in the RED Monday morning after overnight markets failed to deliver the momentum many traders were hoping for, many are wondering when this discouraging pattern of negative movement will end.
As investors continue to scramble to get charts back in the GREEN after this continued pattern of off trading days, today we look at the week’s coming events that are sure to have an impact on the markets – and your investments.
Join us below as we share the latest market updates and how they will impact Wall Street in the coming days… for better or worse.
Starting Things Off…
In the world of earnings, big names like Adobe, FedEx and General Mills are all front and center early in the week as eager investors await their latest data reports.
… And in D.C. President Biden is expected to deliver his remarks to the United Nations General Assembly. The speech is expected to discuss a multitude of topics including the continued spread of Covid-19 and its ever-growing list of variants and the steps he and his administration believe need to be taken to combat the rate of growth.
The Big Event!
Despite the above, probably the week’s most hotly anticipated moment comes Wednesday as investors across the country watch as the FOMC decision is announced, followed by FED Chair Jerome Powell’s press conference.
Curious investors continue to sit on pins and needles as the FED toys with the idea of returning national interest rates to their pre-pandemic levels.
Needless-to-say, a move on inflation rates by the Federal Reserve would inevitably have an impact on the nation’s economy and, therefore, market health. And with markets already struggling to return to pre-pandemic highs, many believe a blow such as this would be the last thing needed for the nation’s economic stability.
Wrapping Things Up…
Powell takes center stage yet again on Friday as he and some of his FED colleagues speak are expected to give the opening remarks before a virtual FED event covering their “Perspective on the Pandemic Recovery.”
… And following in Powell’s hosting footsteps, President Biden is expected to host the first ever Quad Leaders Summit at the White House. Notable Guests attending the event include the Prime Ministers of Australia, India and Japan.
According to the White House, the meeting’s main focus will be on deepening the nation’s ties with the Quad Leaders and “advancing practical cooperation” on combined struggles such as Covid-19 and climate change, among others.
Learn More Here…
As you can see, there’s definitely no shortage of events coming this week that could help the markets return to a positive sector or sink the markets even further down the rabbit hole.
Either way, remember your friends here at DTI will be here with you every step of the way to make sure your investments are as protected as possible!
If you’re interested in learning more about this week’s markets and the steps you could take to help your investments move int eh right direction, we encourage you to join DTI founder and 40-year market veteran Tom Busby below as he sits to give his thoughts on the week ahead and his plan of attack for continued success.
P.S. – CLICK HERE NOW to learn how Micah’s latest investment strategy has opened the doors to endless Apple possibilities… Allowing the average trader to get in on this massive ticker and have a chance at serious profits with as little risk as possible!
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