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Healthcare and hurricanes — What to watch in the week ahead

Many GOP leaders believe this bill is the last chance to undo Obamacare this year since the deadline to pass Healthcare legislation with a simple 51 majority expires at the end of September.

Last week, the FOMC signaled the Fed is still on track to raise rates once more this year in December , barring negative surprises.

Accordingly, the Street will be closely watching how Fed officials respond to potential dips in the data, especially the Core PCE Inflation reading at the end of the week.

“Given anticipated weather-related disruptions to many key ‘hard’ data series over the next couple of months, Fed policymakers may put more weight on business surveys near term in order to gauge the underlying health of the economy,” write Brett Ryan and Matthew Luzzetti of Deutsche Bank Research.

Everyone knows the good times will eventually end, but the Street pushes the trade to the brink, betting they won’t be left without a chair when the music stops playing.

READ MORE (Yahoo Finance)

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This post first appeared on The 5th News, please read the originial post: here

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Healthcare and hurricanes — What to watch in the week ahead


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