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The Morning Look

ByGary Kaltbaum

Market Update:

Stock futures are a little lower ahead of Thursday’s open as the market waits for today’s ADP report then Friday’s always fun (and fake) jobs report.

Gary’s Thoughts: Paint drying open…but pay attention here. Something going to give soon. We feel it.

Economic Data:

  • Chain Store Sales
  • Challenger Job-Cut Report 7:30 AM ET
  • ADP Employment Report 8:15 AM ET
  • Jobless Claims 8:30 AM ET
  • Gallup Good Jobs Rate 8:30 AM ET
  • Bloomberg Consumer Comfort Index 9:45 AM ET
  • EIA Natural Gas Report 10:30 AM ET
  • EIA Petroleum Status Report 11:00 AM ET
  • Robert Kaplan Speaks 1:00 PM ET
  • Fed Balance Sheet 4:30 PM ET
  • Money Supply 4:30 PM ET

Highlights:

  • Two Dead in UCLA Shooting
    Gary’s Thoughts: What a massive response by officials. San Bernadino changed the playing foeld for reactions.
  • Major Landlord Sends Warning About Rental Markets in NYC, San Francisco
    Gary’s Thoughts: Don’t worry…no bubbles.