The Week Ahead – Mixed US Growth Signals, Tight Debt Limit Talks, Turkey Elections and Japan CPI
Nomura – The Week Ahead
The Politics of the Debt Ceiling and the X-Day Shift
Next week's housing data might provide a key signal on whether the sector is beginning to rebound. Existing home sales continue to face headwinds, of course, from high mortgage rates. Republicans in the House and Democrats in the White House and Senate remain quite far away from a deal. We think that any resolution will only come at the very last moment.
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