More Awful Housing and Inflation Data expected this week.
Economists expecting a 0.5% April increase in Producer Price Index (PPI) and also to see horrific housing stats of more foreclosures, build up of inventories and a drop in prices...
what to note in this article is how:
1. This will not affect the stock market
2. Few pay attention to PPI when it it released after CPI
Well, I think we will!