economy
Here are the 3 big things we're watching in the stock market in the week ahead
The war in the Middle East is still the most important thing for the stock market.
TL;DR
- The Iran war is the primary driver of market action, impacting oil prices and inflation.
- Oil prices are a key indicator; a decline suggests a bottom for the stock market.
- Upcoming inflation data (CPI and PCE) will provide insights into the war's impact on prices and guide the Federal Reserve's policy decisions.
- Delta Air Lines' earnings report will offer insight into consumer spending on travel, particularly its exposure to oil prices.
- Levi Strauss and Constellation Brands reports will also provide insights into consumer spending.
- Geopolitical risk premium may keep oil prices elevated even if the war ends, impacting the economy and corporate profits.