Week Ahead: Jobless Claims, Housing Data in Focus but Earnings May Steal Spotlight
From Investing.com: 2025-04-21 02:22:00
Investors are back this week, focusing on trade policies. Economic calendar light, but key data to watch. New Home Sales expected to be at 680K. Durable goods expected to increase by 1.5%. Weekly Unemployment Claims still low. Consumer Sentiment and Inflation Expectations expected to be at 50.8. Earnings season in full swing, Netflix beats estimates by 17%. Stock up 25% in earnings and 13% in sales. Forward PE at 39x, still cheaper than some tech stocks. S&P 500 down 10%, US markets 2nd worst performing globally. Tech dominates market, unlike railroads in early 1900s. US stocks return 9.7%, UK stocks 9.1% annually since 1900. Reserve currency status shift not necessarily catastrophic.
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