Hello fellow monkeys !
What's next after last week's record breaking sessions ? Some argue that the SPX and DJIA will be going down, or as an S&P strategist says, "upward moves have generally gotten smaller, which suggests that the move is getting old and that we need a pullback." An indicator of this trend is volatility; the VIX index is up 14.5% over the last two weeks. On the brighter side, however, an estimated 197,000 jobs have been added in March, according to economists. This is a lower figure than last month but would still keep the unemployment at 7.7%. The official figure will be announced on Friday. On top of that, this upcoming week showcases some important indicators for the real estate industry.
As usual, the economic data and releases for this week are after the break.
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