High-impact Retail Sales arrive next Tuesday at 8:30 am EST, crucial for gauging consumer resilience. Today, Wednesday, focus on the Fed’s Beige Book at 2:00 pm EST and Bowman at 1:45 pm EST. Tomorrow, Thursday, features Jobless Claims at 8:30 am EST. Traders should watch for hawkish rhetoric favoring "higher-for-longer" rates. A Retail Sales beat next week could strengthen the USD and pressure equities. Monitor yields for reactions.
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Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.