Wall Street will get key insight on the consumer, inflation in the week ahead as recession fears swirl

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Wall Street will get key insight on the consumer, inflation in the week ahead as recession fears swirl
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With growth concerns moving to the fore, how the U.S. consumer is faring could be key to understanding what's next for markets and the economy.

The wildest week of 2024 has investors bracing for more volatility in the week ahead, with key insight on the consumer and inflation coming at a time when recession fears are top of mind. Stocks seesawed this week, after July's disappointing jobs report spurred fears of an economic downturn, with the pullback exacerbated over the weekend with the unwind of the yen carry trade. On Monday, the S & P 500 posted its worst day since 2022, falling 3%.

Housing Market Index Earnings: Applied Materials , Walmart , Tapestry , Deere & Co. Friday Aug. 16 8:30 a.m. Building Permits preliminary 8:30 a.m. Housing Starts 10 a.m. Michigan Sentiment preliminary

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