Financial Markets Summary For The Week of September 29-October 3The week of September 29-October 3 will see very important data that will provide information on the condition of the consumer and the labor sector. The major data risk for the week will occur with the Monday release of the August personal and income statement and the Friday publication of the September estimate of non-farm payrolls. We look for modest declines in real spending and a loss of -105K payrolls with the unemployment rate increasing to 6.2%. Tuesday will see the release of the September Chicago PMI, estimate of consumer confidence by the Conference Board and total vehicle sales. The Institute for Supply Management estimate of activity in the manufacturing sector will be published on Wednesday and their read of service sector activity will be released on Friday. Thursday will see the release of weekly claims and factory orders.Safe Haven | Merk Economic Calendar: Week Ahead in U.S. Financial Markets (September 29 - October 3 2008)
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