November PCE data, Carnival earnings: What to Watch
Asking for a Trend host, Josh Lipton, details the key market events to watch for Friday, December 20. The day's highlight will be the release of November's Personal Consumption Expenditures (PCE) price index — the Federal Reserve's preferred measure of inflation. Economists expect the core PCE, which excludes food and energy costs, to rise slightly by 0.2% month-over-month. The final reading of consumer sentiment is also due, with analysts forecasting a level of 74.2. Additionally, investors are expecting quarterly earnings results from cruise line operator Carnival Corp. (CCL) and Winnebago (WGO). To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Angel Smith