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Market Insights / Don's Notebook

Morning Notes Jan. 24, 2018

By Don Pratl

Housing data will dominate the economic reports today. Recent reports have been very strong and forecasters are calling for existing home sales in December to hold on to the bulk of their November surge.

A number of corporate earnings are due today including General Electric, Legg Mason and Ford Motor.

The U.K. economy continues to ignore Brexit impact with data this morning showing that unemployment remained at 4.3 percent in the three months through November, with the number of people in work rising to a record high.

  • Dollar remains under pressure, closes at 3-year low on Tuesday
  • Strong earnings from NFLX (+10%) on Tuesday boosted sentiment

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