The Week Ahead: Last Week of June

June is about to end, but economic data is just getting more and more interesting. First, tomorrow is the consumer confidence and new home sales, which will show whether the economy is going for a recession or there is still some growth.

Wednesday is the big day. Ben Bernanke will announce the Fed interest rate, and will affect many prices: oil, stocks, the dollar, and others. Watch out for those, stay out of the market if you cannot handle high volatility.

Thursday will bring the final first quarter GDP, which is the ultimate gauge for recession. On Friday we will see another measure of inflation, and if it's high, expect high volatility as well.

Have a great week,
Nadav

nadavs