U.S. investors look to data, Fed talk next week H
Post# of 102250
U.S. investors look to data, Fed talk next week
Housing starts, retail sales, Fed speeches, earnings on tap
SAN FRANCISCO (MarketWatch) — U.S. investors will be looking for more signs of economic recovery in data due next week, hints from Federal Reserve officials on the interest rate outlook, and quarterly results from the likes of Zynga Inc. and General Motors Co. as they continue to keep an eye on Greek efforts to avoid default.
The market will focus on “comments by Federal Reserve officials to determine if the current policy is viable given the strong recent jobs reports,” said Michael Yoshikami, chief executive officer at YCMNET Advisors. “Many Fed watchers are skeptical that the current stated policy to keep interest rates low until 2014 will in fact come to pass.”
http://www.marketwatch.com/story/us-investors...2012-02-11