Financial Professionals

Market Insights

A A A

For the week of August 17th

08/17/2009
Tuesday 8/18 Produce Price Index 830am EST - whisper number is -0.3%
Tuesday 8/18 Housing Starts 830am EST - whisper number is 598,000
Wednesday 8/19 Oil Inventory DOE release - 1030am EST.
Thursday 8/20 Initial Jobless Claims 830am EST - whisper number is 550,000
Thursday 8/20 Leading Indicators 10am EST - whisper number is 0.7%
Thursday 8/20 Philadelphia Fed 10am EST - whisper number is -2.0
Friday 8/21 Existing Home Sales Month on Month - 10am est. - whisper number is 2.1%
Friday 8/21 Ben Bernanke Speaks at Kansas City Fed's Jackson Hole Conference

On the earnings front
Some of the bigger companies that report are Lowe's, CIT Group, Hewlett Packard, Target, Home Depot, Sears,
The Gap - A great read on consumer spending and the possible need for a second stimulus package.

Virtus Investment Partners provides this communication as a matter of general information. The opinions stated herein are those of the author and not necessarily the opinions of Virtus, its affiliates or its subadvisers. Portfolio managers at Virtus make investment decisions in accordance with specific client guidelines and restrictions. As a result, client accounts may differ in strategy and composition from the information presented herein. Any facts and statistics quoted are from sources believed to be reliable, but they may be incomplete or condensed and we do not guarantee their accuracy. This communication is not an offer or solicitation to purchase or sell any security, and it is not a research report. Individuals should consult with a qualified financial professional before making any investment decisions.