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Bailout

: Calculated Risk

Tax Legislation: Senate Votes on Wednesday

By Anonymous

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The Senate will "convene and resume consideration" of the tax legislation tomorrow at 10 AM ET. There will be some ~~posturing~~ debate, followed by the vote. The bill is expected to pass the House within a few days.

Earlier today:
? NFIB Small Business Optimism Index Rises. NFIB graphs here.
? Retail Sales increased 0.8% in November
? FOMC Statement: No Change
? Lawler: Early Read on November Existing Home Sales: 4.57 million SAAR

Wednesday:
? 7:00 AM: The Mortgage Bankers Association (MBA) will release the mortgage purchase applications index.
? 8:30 AM: Consumer Price Index for November.
? 8:30 AM: NY Fed Empire Manufacturing Survey for December.
? 9:15 AM ET: The Fed will release Industrial Production and Capacity Utilization for November.
? 10 AM: The December NAHB homebuilder survey.

Best to all
posturing

Full post as published by Calculated Risk on December 15, 2010 (boomark / email).

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