After all, it is nearly impossible to find a positive analyst on natural gas or oil.
There is no period in history where job growth slowed to a crawl and the economy didn't fall into recession.
Almost 200 companies are slated to report quarterly results, including 43 S&P 500 constituents.
Surprises in the political arena and in corporate profitability are my most important deviations from the consensus.
A crucial question going forward is what will trend employment growth be?
The Committee members seem to be cautiously optimistic, and this fits well with their decision to keep rates on hold.
What we have learned is that the holiday season outweighed the last weekly options expiration event of the decade for most investors/trader types. More of the same this week?
Some signs show Japan and Europe are hitting bumps as the year winds down.
This week brings key results from Micron, Nike and FedEx, among others.
The United States will automatically raise trade duties on close to US$160 billion in Chinese goods on Sunday, unless it issues a formal reprieve. Could we be in for a nasty surprise?
The Fed is on pause as far as targeting short term rates goes, and that is how it should be at this time.
The S&P 500 appears to be at fair value, which makes us wary of buying into a market when more insiders are selling.
With a mini-recession in the sector, all eyes are on Friday's jobs numbers, and the big question now is whether this will play out like 2015 to 2016, or worse.
All things being equal, don't be surprised when you hear analysts and forecasters raising their GDP and earnings estimates for early 2020.
I do expect there to be some early to mid-December profit taking. But to get from here to year end without hitting some mid-month turbulence would be a pleasant surprise.
Tuesday's Dreamforce features a discussion between Salesforce's Marc Benioff and Apple's Tim Cook.
What's really going on here? Does the move make any sense? Let's take them case by case.
The market is disconnected from reality. But for now, the U.S. Fed is in full easing mode and the liquidity boost should show up in the economic data over the next few months.
Even the bulls are anticipating some sort of rest or pullback at this point.
Investors are borrowing money more and more from the future to buy into risky assets today.
Disney, Qualcomm and Square are among 75 key reports we are watching.
Throw away the economics textbooks, they are not working.
Be careful drawing too strong of a conclusion from these numbers.
Hong Kong's economy was already suffering before this summer's demonstrations, but consumer businesses have been hit hard by five months of chaos.
The Federal Reserve was slightly hawkish overall at the October FOMC meeting, and there should be a dollar bullish bias.
I do think that this Fed Chair has learned to be cautious, in reflection of the policy errors made in late 2018.
It makes a lot of sense for the Fed to wean the market off its reliance on explicit forward guidance, but it won't be easy.
Markets are watching what Fed Chair Powell will signal for future rate cuts during this afternoon's FOMC rate decision.
Rest up for a busy week that includes earnings from Apple, Facebook and Starbucks.
The U.S. Federal Reserve has u-turned too quickly and too aggressively this year, going from tightening to easing without allowing the market to react to "normalized" conditions.