Overview
- U.S. stock and bond markets are closed Monday for the Martin Luther King Jr. holiday, concentrating market reactions into four trading days.
- President Trump is slated to speak Wednesday at the World Economic Forum in Davos, with housing affordability and proposals targeting institutional homebuyers expected to feature alongside directives for Fannie Mae and Freddie Mac to buy mortgage bonds.
- The Bureau of Economic Analysis will release October and November PCE inflation readings on Thursday after shutdown delays, providing a key gauge the Federal Reserve follows ahead of its policy meeting.
- Earnings highlights include Netflix on Tuesday, with commentary expected on its pursuit of Warner Bros. Discovery and media reports of a possible all-cash bid, and Intel on Thursday after a near-doubling in its shares tied to reports of a roughly 10% U.S. government stake and AI PC chip progress.
- The U.S. Supreme Court will hear oral arguments Wednesday in Fed Governor Lisa Cook’s challenge to efforts to remove her, a case with implications for Federal Reserve governance.