Don’s Notebook June 11, 2018

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There is a good chance that today’s market focus will be more on the upshot of the weekend’s G-7 meeting, and the Singapore summit between President Trump and North Korean dictator Kim Jong Un which is due to begin at 9:00 p.m. ET.

On Wednesday the Federal Reserve will announce if it will raise rates yet again.

Aside from the Fed announcement, there are a lot of other economic reports that bear watching including PPI, retail sales and several consumer reports. For the most part, economic reports have been coming in favorably to command a rate hike, according to Fed members. Quarterly earnings continue to remain slow at least for several more weeks until a new round is ready to report.

  • Jun 12: Consumer Price Index
  • Jun 12: Treasury Budget
  • Jun 13: Producer Price Index
  • Jun 13: FOMC Meeting
  • Jun 14: Jobless Claims
  • Jun 14: Retail Sales
  • Jun 15: Industrial Production
  • Jun 15: Consumer Sentiment
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Dr. Don Pratl is Director of Trader Development and Education for TradeStation. He joined TradeStation in 2016 after holding similar roles with other online brokerages. Don’s long career in the financial services industry reflects expertise in administering trading and investment strategy programs for retail investors as well as financial services professionals. Since the 1980s, he has held various positions in areas including CBOE trading floor order execution, marketing, sales, personnel management, training and customer service. Don holds series 3, 4, 7 and 63 FINRA licenses, earned his Ph.D. in Organization and Management, and his M.A. and B.A. in Political Science. He has been an occasional adjunct college instructor since 2004 at a range of institutions, teaching undergraduate, graduate and doctoral students using in-class and online formats.