Monday, February 14, 2011

The expectations gauge declined to 67.6 from 69.3

A very vital indicator of US economic improvement was released on
Friday. The consumer sentiment rose in February, success the highest
level since June.

The gauge hit 75.1, up from a final January reading of 74.2. The
current-conditions index rose to 86.8 in February, the highest since
January 2008, up from 81.8 in January. Meanwhile, the expectations
gauge declined to 67.6 from 69.3.


*MONDAY:* NY Fed Pres speaks

*TUESDAY*: Retail sales, Empire State Manufacturing Survey, import &
export prices, Treasury international capital, business inventories,
housing market index, Cleveland Fed Pres speaks, Dodd-truthful
hearing, Fed Treasury Secretary Geithner testifies before US House,
Fannie/Freddie reform hearing, credit card default rates reported, 13F
filings due; Earnings from Barclays, Dell and Tesla

*WEDNESDAY:* Weekly mortgage apps, housing starts, PPI, industrial
production, House hearing on FCIC report, oil inventories, FOMC
minutes; Earnings from Comcast, CBS.

*THURSDAY:* Weekly jobless claims, CPI, leading indicators,
Philadelphia Fed survey, Chicago Fed Pres speaks, money supply;
Earnings from Barrick Gold, AngloGold and Nordstrom


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