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Next Week’s Tape: Big Jobs Report, Big Fed Meeting
Reports ranging from payrolls to confidence to business activity dominate next week’s busy calendar. And if the flow of the economic numbers doesn’t offer enough action for investors, the Federal Reserve will sit down next week to set policy. Meanwhile, there’s still a heavy earnings calendar, but it doesn’t contain nearly as many big bellwethers as the past two weeks. The main headline-grabber next week will be Friday’s employment report. The jobs data have disappointed for four months in a row as hiring has stalled. Not surprisingly, economists have scaled back their expectations for the July report. The ... (full story)