Bank of America Corp (BAC), Wells Fargo & Co (WFC), JPMorgan Chase & Co. (JPM) – Bank Investors: Six Must-Watch Announcements and Events Next Week

Friday

Housing starts: This data provides a huge indicator of the housing market’s health: demand for new homes. And with a rise in demand for new homes comes the need for new home loans — and that’s where the banks come in.

Consumer Sentiment: Since consumer spending is such a big catalyst for economic recovery, consumer sentiment is important to understand as an investor. Unless consumers feel confident in the current state of the economy, they are less likely to spend their discretionary funds on large purchases and may even scale back on everyday items.

Throughout the week
A few of prominent Federal Reserve members are giving speeches or talks on the current economic environment, monetary policy, and the financial crisis. Any nuggets of information gleaned from these talks could provide good insight into future Fed policy.

Atlanta Federal Reserve Bank President Dennis Lockhart will give a speech on economic outlook to the Kiwanis Club in Atlanta.

St. Louis Federal Reserve Bank President James Bullard will give a speech on challenges with monetary policy in Paducah, Ky.

The article Bank Investors: 6 Must-Watch Announcements and Events Next Week originally appeared on Fool.com and is written by Jessica Alling.

Fool contributor Jessica Alling has no position in any stocks mentioned. The Motley Fool recommends Bank of America and Wells Fargo and (NYSE:WFC) owns shares of Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo.

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