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1 Economic Calendars 20 Yardeni Research, Inc. November 30, 20 Dr. Edward Yardeni Mali Quintana Please visit our sites at blog.yardeni.com thinking outside the box

2 January 20 *ISM Manufacturing Survey (December) *Construction Spending (November) 3 *Manufacturers Shipments, Inventories, & Orders (November) *Auto Sales (December) *Consumer Comfort Index (January 2) *Challenger Employment Report (December) *ADP Employment (December) *Mortgage Applications (December 3) 5 *Monster Employment Report (December) *Railcar Loadings (January ) *Unemployment Claims (January ) *Money Supply (December 2) 6 *Employment (December) *Consumer Credit (November) 0 *NFIB (December) *Job Openings & Labor Turnover Survey (November) *Wholesale Trade (November) *Consumer Comfort Index (January 9) *Import & Export Prices (December) *US Budget Receipts & Outlays (December) *Mortgage Applications (January ) 2 *Manufacturers Alliance/MAPI Survey (Q) *Producer Price Index December *International Trade (November) *Railcar Loadings (January 8) *Unemployment Claims (January 8) *Money Supply (January 3) and January *Debt (January) 3 *Consumer Price Index (December) *Industrial Production (December) *Capacity Utilization (December) *Retail Sales (December) (November) *Consumer Sentiment Index (January prel) *World Oil Demand (December due out this *Martin Luther King Day *Treasury International Capital Flows (November) *NAHB Housing Market Index (January) *Consumer Comfort Index (January ) 8 *Housing Starts (December) *Mortgage Applications (January ) 9 *Existing Home Sales (December) *Composite Cyclical Indexes (December) *Semi Book-to-Bill Ratio (December) *Philadelphia Fed Survey (January) *Railcar Loadings (January ) *Unemployment Claims (January ) *Money Supply (January 0) 20 2 *Mutual Funds (December due out this *Consumer Confidence Index (January) *S&P/Case-Shiller Home Price Index (November) *Consumer Comfort Index (January 23) *Sales of New One-Family Homes (December) *Mortgage Applications (January ) *Composite Cyclical Indexes (December) *Durable Goods (December) *Pending Home Sales (December) *Mass Layoffs (December) *Railcar Loadings (January ) *Unemployment Claims (January ) *Money Supply (January ) 2 *Employment Cost Index (Q) *GDP (Q) *Consumer Sentiment Index (January) *Personal Income (December) *Housing Vacancies (Q) *Chicago Purchasing Management Survey (January) 3

3 February 20 *ISM Manufacturing Survey (January) *Senior Loan Officer Opinion Survey (Q) *Auto Sales (January) *Construction Spending (December) *Consumer Comfort Index (January 30) *ADP Employment (January) *Challenger Employment Report (January) *Housing Affordability (December) *Mortgage Applications (January ) 2 *Monster Employment Index (January) *Manufacturers Shipments, Inventories, & Orders (December) *Productivity & Costs (Q) *Railcar Loadings (January ) *Unemployment Claims (January ) *Money Supply (January 2) and January *Debt (January) 3 *Employment (January) *Consumer Credit (December) *NFIB (January) *Job Openings & Labor Turnover Survey (December) *Consumer Comfort Index (February 6) 8 *Mortgage Applications (February ) 9 *US Budget Receipts & Outlays (January) *Wholesale Trade (December) *Railcar Loadings (February 5) *Unemployment Claims (February 5) *Money Supply (January 3) 0 *International Trade (December) *Consumer Sentiment Index (February prel) *NAHB Housing Market Index (February) *World Oil Demand (January due out this *Treasury International Capital Flows (December) (December) *Retail Sales (January) *Import & Export Price Indexes (January) *Consumer Comfort Index (February 3) *Housing Starts (January) *Industrial Production (January) *Capacity Utilization (January) *Producer Price Index (January) *Mortgage Applications (February ) *Composite Cyclical Indexes (January) *Consumer Price Index (January) *Philadelphia Fed Survey (February) *Railcar Loadings (February 2) *Unemployment Claims (February 2) *Money Supply (February ) 8 *Mutual Funds (January due out this *Presidents Day *S&P Case-Shiller Home Price Index (December) *Semi Book-to-Bill Ratio (January) *Consumer Confidence Index (February) *Consumer Comfort Index (February 20) *Existing Home Sales (January) *Mortgage Applications (February 8) 23 *Durable Goods (January) *Sales of New One-Family Homes (January) *Railcar Loadings (February 9) *Unemployment Claims (February 9) *Money Supply (February ) 2 *GDP (Q) *Consumer Sentiment Index (February) 25 *Personal Income (January) *Pending Home Sales (January) *Chicago Purchasing Managers Index (February)

4 March 20 *ISM Manufacturing Survey (February) *Construction Spending (January) *Auto Sales (February) *Consumer Comfort Index (February 2) 2 3 *Challenger Employment Report (February) *ADP Employment (February) *Mortgage Applications (February 25) *Monster Employment Index (February) *Productivity & Costs (Q) *Railcar Loadings (February 26) *Unemployment Claims (February 26) *Money Supply (February ) *Employment (February) *Manufacturers, Shipments, Inventories, & Orders (January) *Consumer Credit (January) *Consumer Credit (January) 8 *Manpower Employment Outlook Survey (Q2) *NFIB (February) *Consumer Comfort Index (March 6) *Wholesale Trade (January) *Mortgage Applications (March ) 9 0 *International Trade (January) *US Budget Receipts & Outlays (February) *Flow of Funds (Q) *Railcar Loadings (March 5) *Unemployment Claims (March 5) *Money Supply (February ) and February *Debt (February) (January) *JOLTS (January) *Retail Sales (February) *Consumer Sentiment Index (March prel) *Import & Export Prices (February) *Treasury International Capital Flows (January) *NAHB Housing Market Index (March) *Consumer Comfort Index (March 3) *Producer Price Index (February) *US International Transactions (Q) *Housing Starts (February) *Mortgage Applications (March ) *Consumer Price Index (February) *Industrial Production (February) *Capacity Utilization (February) *Composite Cyclical Indexes (February) *Semi Book-to-Bill Ratio (February) *Philadelphia Fed Survey (March) *Railcar Loadings (March 2) *Unemployment Claims (March 2) *Money Supply (March ) 8 *Existing Home Sales (February) *Consumer Comfort Index (March 20) *Sales of New One-Family Homes (February) *Mortgage Applications (March 8) 23 *Durable Goods (February) *Railcar Loadings (March 9) *Unemployment Claims (March 9) *Money Supply (March ) 2 25 *GDP (Q) *Corporate Profits (Q) *Consumer Sentiment Index (March) *Personal Income (February) *S&P Case-Shiller Home Price Index *ADP Employment (March) *Pending Home Sales (February) (January) *Challenger Employment Report (March) *Mutual Funds (February due out this *Consumer Confidence Index (March) *Mortgage Applications (March 25) *Consumer Comfort Index (March 2) 30 3 *Manufacturers Shipments, Inventories & Orders (February) *Monster Employment Index (March) *Chicago Purchasing Managers Index (March) *Railcar Loadings (March 26) *Unemployment Claims (March 26) *Money Supply (March )

5 April 20 *Employment (March) *ISM Manufacturing Survey (March) *Construction Spending (February) *Auto Sales (March) 5 *Consumer Comfort Index (April 3) *Mortgage Applications (April ) 6 *Monster Employment Index (March) *Consumer Credit (February) *Railcar Loadings (April 2) *Unemployment Claims (April 2) *Money Supply (March ) *Wholesale Trade (February) 8 *World Oil Demand (March due out this *International Trade (February) *US Budget Receipts & Outlays (March) *Import & Export Prices (March) *NFIB (March) *Consumer Comfort Index (April 0) 2 3 (February) *Retail Sales (March) *JOLTS (February) *Mortgage Applications (April 8) *Manufacturers Alliance/MAPI Survey (Q) *Producer Price Index (March) *Railcar Loadings (April 9) *Unemployment Claims (April 9) *Money Supply (April ) and March *Debt (March) *Consumer Price Index (March) *Industrial Production (March) *Capacity Utilization (March) *Treasury International Capital Flows (February) *Consumer Sentiment Index (April, prel) *NAHB Housing Market Index (April) 8 *Housing Starts,(March) *Consumer Comfort Index (April ) 9 *Existing Home Sales (March) *Mortgage Applications (April ) 20 *Composite Cyclical Indexes (March) *Producer Price Index, (March) *Semi Book-to-Bill Ratio (March) *Philadelphia Fed Survey (April) *Railcar Loadings (April ) *Unemployment Claims (April ) *Money Supply (April ) *Good Friday *Sales of New One-Family Homes (March) *Mutual Funds (March due out this 25 *S&P Case-Shiller Home Price Index (February) *Consumer Confidence Index (April) *Consumer Comfort Index (April 2) 26 *Durable Goods (March) *Housing Vacancies (Q) *Mortgage Applications (April ) 2 *GDP (Q) *Pending Home Sales (March) *Railcar Loadings (April 23) *Unemployment Claims (April 23) *Money Supply (April 8) *Employment Cost Index (Q) *Personal Income (March) *Consumer Sentiment Index, (April) *Chicago Purchasing Managers Index (April)

6 May 20 *ISM Manufacturing Survey (April) *Construction Spending (March) *Auto Sales (April) 2 *Manufacturers, Shipments, Inventories & Orders (March) *Housing Affordability Index (March) *Consumer Comfort Index (May ) 3 *ADP Employment (April) *Challenger Employment Report, (April) *Mortgage Applications (April ) *Monster Employment Index (April) *Productivity & Costs (Q) *Railcar Loadings (April 30) *Unemployment Claims (April 30) *Money Supply (April 25) 5 *Employment (April) *Consumer Credit, (March) *Wholesale Trade (March) *Imports & Export Prices Indexes (April) *NFIB (April) *Consumer Comfort Index (May 8) *US Budget Receipts & Outlays (April) *US International Trade (March) *JOLTS (March) *Mortgage Applications (May 6) *Producer Price Index (April) *Retail Sales, (April) *Manufacturing & Trade: Inventories & Sales (March) *Railcar Loadings (May ) *Unemployment Claims (May ) *Money Supply (May 2) and April *Debt (April) 2 *Consumer Price Index (April) *Consumer Sentiment Index, (May prel) 3 *Treasury International Capital Flows (March) *NAHB Housing Market Index (May) *World Oil Demand (April due out this *Housing Starts (April) *Industrial Production (April) *Capacity Utilization,(April) *Consumer Comfort Index (May ) *Mortgage Applications (May 3) 8 *Composite Cyclical Indexes (April) *Existing Home Sales (April) *Composite Cyclical Indexes (April) *Philadelphia Fed Survey (May) *Semi Book-to-Bill Ratio (April) *Railcar Loadings (May ) *Unemployment Claims (May ) *Money Supply (May 9) 9 20 *Mutual Funds (April due out this 23 *Sales of New One-Family Homes (April) *Consumer Comfort Index (May ) 2 *Durable Goods (April) *Mortgage Applications (May 20) 25 *GDP (Q) *Corporate Profits (Q) *Railcar Loadings (May ) *Unemployment Claims (May ) *Money Supply (May ) 26 *Personal Income (April) *Pending Home Sales (April) *Consumer Sentiment Index (May) 2 *Memorial Day 30 *Consumer Confidence Index (May) *S&P Case-Shiller Home Price Index (March) *Chicago Purchasing Managers Index (May) *Consumer Comfort Index (May ) 3

7 June 20 *ADP Employment (May) *Challenger Employment Report, (May) *ISM Manufacturing Survey (May) *Construction Spending (April) *Housing Affordability (April) *Auto Sales (May) *Mortgage Applications (May ) *Productivity & Costs (Q) *Manufacturers Shipments, Inventories & Orders (April) *Monster Employment Index, (May) *Railcar Loadings (May ) *Unemployment Claims (May ) *Money Supply (May 23) 2 *Employment (May) 3 6 *JOLTS (April) *Consumer Credit (April) *Consumer Comfort Index (June 5) *Mortgage Applications (June ) 8 *Flow of Funds (Q) *Wholesale Trade (April) *US International Trade (April) *Railcar Loadings (June ) *Unemployment Claims (June ) *Money Supply (May 30) 9 *Import & Export Prices (May) *US Budget Receipts & Outlays (May) *Consumer Sentiment Index, (June prel) 0 *World Oil Demand (May due out this 3 *Producer Price Index (May) *Retail Sales (May) (April) *NFIB (May) *Manpower Survey (Q3) *Consumer Comfort Index (June 2) *Consumer Price Index (May) *Industrial Production (May) *Capacity Utilization (May) *Treasury International Capital Flows (April) *NAHB Housing Market Index (June) *Mortgage Applications (June ) *Housing Starts (May) *International Transactions, (Q) *Philadelphia Fed Survey (June) *Semi Book-to-Bill Ratio (May) *Railcar Loadings (June ) *Unemployment Claims (June ) *Money Supply (June 6) and May *Debt (May) *Composite Cyclical Indexes, (May) *Consumer Sentiment (June prel) 20 *Existing Home Sales (May) *Consumer Comfort Index (June 9) *Mortgage Applications (June 8) *Sales of New One-Family Homes (May) *Railcar Loadings (June 8) *Unemployment Claims (June 8) *Money Supply (June 3) 23 *GDP (Q) *Corporate Profits, (Q) *Durable Goods (May) *Consumer Sentiment Index, (June) 2 *Personal Income (May) *Mutual Funds (May due out this 2 *S&P Case-Shiller Home Price Index (April) *Consumer Confidence Index (June) *Consumer Comfort Index (June 26) *ADP Employment Report, (June) *Pending Home Sales (May) *Mortgage Applications (June 25) *Railcar Loadings (June 25) *Chicago Purchasing Managers Index (June) *Unemployment Claims (June 25) *Money Supply (June 20) 30

8 July 20 *ISM Manufacturing Survey (June) *Construction Spending (May) *Consumer Sentiment Index (June) *Auto Sales (June) *Independence Day Observed *Manufacturers Shipments, Inventories, & Orders (May) *Consumer Comfort Index (July 3) 5 *Challenger Employment Report (June) *Mortgage Applications (July 2) 6 *ADP Employment (June) *Monster Employment Index (June) *Railcar Loadings (July 2) *Unemployment Claims (July 2) *Money Supply (June 2) *Employment (June) *Wholesale Trade (May) *Consumer Credit (May) 8 ) *NFIB (June) *JOLTS (May) *International Trade (May) *Consumer Comfort Index (July 0) 2 3 *US Budget Receipts & Outlays (June) *Import & Export Price Indexes (June) *Mortgage Applications (July 9) (May) *Retail Sales (June) *Producer Price Index (June) *Manufacturers Alliance/MAPI Survey (Q2) *Railcar Loadings (July 9) *Unemployment Claims (July 9) *Money Supply (July ) and June *Debt (June) *Consumer Price Index (June) *Industrial Production (June) *Capacity Utilization (June) *Consumer Sentiment Index (July prel) *Treasury International Capital Flows (May) *NAHB Housing Market Index (July) *Worl d Oil Demand (June due out this week *Housing Starts (June) *Semi Book-to-Bill Ratio (June) *Consumer Comfort Index (July ) *Existing Home Sales (June) *Mortgage Applications (July ) *Composite Cyclical Indexes (June) *Philadelphia Fed Survey (July) *Railcar Loadings (July ) *Unemployment Claims (July ) *Money Supply (July ) *Mutual Funds (June due out this *S&P Case-Shiller Home Price Index (May) *Sales of New One-Family Homes (June) *Consumer Confidence Index (July) *Durable Goods (June) *Mortgage Applications (July 23) *Consumer Comfort Index (July 2) *Pending Home Sales (June) *Railcar Loadings (July 23) *Unemployment Claims (July 23) *Money Supply (July 8) *Employment Cost Index (Q2) *GDP (Q2) *Housing Vacancies (Q2) *Consumer Sentiment Index, (July) *Chicago Purchasing Managers Index (July)

9 August 20 *ISM Manufacturing Survey (July) *Construction Spending (June) *Auto Sales (July) *Personal Income (June) *Consumer Comfort Index (July 3) 2 *ADP Employment (July) *Challenger Employment Report (July) *Manufacturers Shipments, Inventories & Orders (June) *Mortgage Applications (July 30) 3 *Monster Employment Report (July) *Railcar Loadings (July 30) *Unemployment Claims (July 30) *Money Supply (July 25) *Employment (July) *Consumer Credit (June) *Productivity & Costs (Q2) *NFIB (July) *Consumer Comfort Index (August ) *US Budget Receipts & Outlays (July) *JOLTS, (June) *Wholesale Trade (June) *Mortgage Applications (August 6) 0 *US International Trade (June) *Railcar Loadings (August 6) *Unemployment Claims (August 6) *Money Supply (August ) and July *Debt (July) *Retail Sales (July) (June) *Consumer Sentiment Index (August, prel) 2 *Treasury International Capital Flows (June) *Senior Loan Officer Survey (Q3) *NAHB Housing Market Index (August) *World Oil Demand (July due out this *Housing Starts (July) *Industrial Production (July) *Capacity Utilization (July) *Import & Export Prices (July) *Consumer Comfort Index (August ) *Producer Price Index (July) *Mortgage Applications (August 3) *Consumer Price Index (July) *Existing Home Sales (July) *Composite Cyclical Indexes (July) *Philadelphia Fed Survey (August) *Semi Book-to-Bill Ratio (July) *Railcar Loadings (August 3) *Unemployment Claims (August 3) *Money Supply (August 8) *Sales of New One-Family Home Sales (July) *Consumer Comfort Index (August ) *Durable Goods (July) *Mortgage Applications (August 20) 2 *Railcar Loadings (August 20) *Unemployment Claims (August 20) *Money Supply (August ) 25 *GDP (Q2) *Corporate Profits (Q2) *Consumer Sentiment Index, (August) 26 *Personal Income (July) *Pending Home Sales (July) *Mutual Funds (July due out this *Consumer Confidence Index (August) *S&P Case-Shiller Home Price Index (June) *Consumer Comfort Index (August ) 30 *Manufacturers Shipments, Inventories & Orders (July) *ADP Employment (August) *Challenger Employment Report (August) *Chicago Purchasing Managers (August) *Mortgage Applications (August 2) 3

10 September 20 *ISM Manufacturing Survey (August) *Construction Spending (July) *Productivity & Costs (Q2) *Auto Sales (August) *Monster Employment Index (August) *Railcar Loadings, (August 2) *Unemployment Claims (August 2) *Money Supply (August ) and August *Debt (August) *Employment (August) 2 *Labor Day 5 *Consumer Comfort Index (September ) 6 *JOLTS (July) *Mortgage Applications (September 3) *International Trade (July) *Consumer Credit (July) *Railcar Loadings, (September 3) *Unemployment Claims (September 3) *Money Supply (August ) 8 *Wholesale Trade (July) *Import & Export Price Indexes (August) *NFIB (August) *US Budget Receipts & Outlays (August) *Manpower Survey, (Q) *Consumer Comfort Index (September ) *Producer Price Index, (August) *Retail Sales (August) (July) *Mortgage Applications (September 0) *Consumer Price Index (August) *International Transactions, (Q2) *Industrial Production (August) *Capacity Utilization (August) *Empire State Manufacturing *Philadelphia Fed Survey *Semi Book-to-Bill Ratio (August) *Railcar Loadings, (September 0) *Unemployment Claims (September 0) *Money Supply (September 5) *Treasury International Capital Flows (July) *Flow of Funds, (Q2) *Consumer Sentiment Index (September, prel) 9 *NAHB Housing Market Index *World Oil Demand (August due out this *Housing Starts (August) *Consumer Comfort Index (September 8) 20 *Existing Home Sales (August) *Mortgage Applications (September ) *Composite Cyclical Indexes, (August) *Railcar Loadings, (September ) *Unemployment Claims (September ) *Money Supply (September 2) 23 *Sales of New One-Family Homes (August) *Mutual Funds (August due out this *Chicago Fed National Activity Index (August) *Texas Manufacturing Outlook Survey 26 2 *S&P Case-Shiller Home Price Index (July) *Consumer Confidence Index *Midwest Manufacturing Index, (August) *Richmond Fed Mfg & Service Sector Surveys *Consumer Comfort Index (September 25) *Durable Goods (August) *Mortgage Applications (September 2) *GDP (Q2) *Corporate Profits (Q2) *Pending Home Sales (August) *Kansas City Fed Manufacturing Survey *Railcar Loadings, (September 25) *Unemployment Claims (September 25) *Money Supply (September 9) *Personal Income (August) *Consumer Sentiment Index *Cincinnati ISM *New York ISM *Milwaukee ISM *Chicago Purchasing Management Index, 30

11 October 20 *ISM Manufacturing Survey *Construction Spending (August) *Housing Affordability (August) *Auto Sales 3 *Manufacturers Shipments, Inventories & Orders (August) *Consumer Comfort Index (October 2) *ADP Employment Report *Challenger Employment Report *Mortgage Applications (October ) 5 *Monster Employment Index *Railcar Loadings (October ) *Unemployment Claims (October ) *Money Supply (September 26) 6 *Employment *Consumer Credit (August) *Wholesale Trade (August) *Columbus Day 0 *NFIB *Consumer Comfort Index (October 9) *JOLTS (August) *Mortgage Applications (October 8) 2 *US International Trade (August) *Manufacturers Alliance/MAPI Survey (Q3) *US Budget Receipts & Outlays *MAPI Business Outlook (Q3) *Railcar Loadings (October 8) *Unemployment Claims (October 8) *Money Supply (October 3) and September *Debt 3 *Retail Sales (August) *Import & Export Prices *Consumer Sentiment Index (October, prel) *Industrial Production *Capacity Utilization *NAHB Housing Market Index (October) *Empire State Manufacturing Survey (October) *World Oil Demand (September due out this 8 *Producer Price Index *Treasury International Capital Flows (August) *Consumer Comfort Index (October ) *Consumer Price Index *Housing Starts *Mortgage Applications (October ) 9 *Composite Cyclical Indexes *Existing Home Sales *Philadelphia Fed Survey (October) *Semi Book-to-Bill Ratio *Philadelphia Fed Survey (October) *Railcar Loadings (October ) *Unemployment Claims (October ) *Money Supply (October 0) 20 *Chicago Fed National Activity Index *Mutual Funds (September due out this 2 25 *S&P Case-Shiller Home Price Index (August) *Consumer Confidence Index (October) *Richmond Fed Manufacturing & Service Sectors Survey (October) *Consumer Comfort Index (October 23) *Durable Goods *Sales of New One-Family Home Sales *Mortgage Applications (October ) 26 *GDP (Q3) *Pending Home Sales *Chicago Fed Midwest Manufacturing Index, *Railcar Loadings (October ) *Unemployment Claims (October ) *Money Supply (October ) 2 *Personal Income *Employment Cost Index (Q3) *Consumer Sentiment Index (October) *Chicago Purchasing Managers Survey (October) *Cincinnati ISM (October) *New York ISM,(October) *Chicago PMI (October) *Milwaukee PMI (October) *Texas Manufacturing Outlook (October) 3

12 November 20 *ISM Manufacturing Survey (October) *Construction Spending *Auto Sales (October) *Consumer Comfort Index (October 30) *ADP Employment Report (October) *Challenger Employment Report (October) *Housing Vacancies (Q3) *Mortgage Applications (October ) 2 *Productivity & Costs (Q3) *Monster Employment Index (October) *Manufacturers Shipments, Inventories & Orders *Railcar Loadings, (October ) *Unemployment Claims (October ) *Money Supply (October 2) and October *Debt (October) 3 *Employment (October) *Pending Home Sales *Consumer Credit *NFIB (October) *Consumer Comfort Index (November 6) 8 *Wholesale Trade *Mortgages Applications (November 5) 9 *Import & Export Prices (October) *US Budget Receipts & Outlays, October *US International Trade *Railcar Loadings (November 5) *Unemployment Claims (November 5) *Money Supply (October 3) *Veterans Day 0 *Consumer Sentiment Index (November prel) *World Oil Demand (October due out this *Producer Price Index (October) *Retail Sales (October) *Consumer Comfort Index (November 3) *Treasury International Capital Flows *NAHB Housing Market Index (November) *Industrial Production (October) *Capacity Utilization (October) *Consumer Price Index (October) *Mortgage Applications (November 2) *Housing Starts (October) *Semi Book-to-Bill Ratio (October) *Philadelphia Fed Survey (November) *Railcar Loadings (November 2) *Unemployment Claims (November 2) *Money Supply (November ) *Composite Cyclical Indexes (October) 8 *Existing Home Sales (October) *GDP (Q3) *Corporate Profits (Q3) *Consumer Comfort Index (November 20) *Personal Income (October) *Durable Goods (October) *Consumer Sentiment Index (November) *Mortgage Applications (November 9) 23 *Thanksgiving Day 2 *Railcar Loadings, (November 9) *Unemployment Claims (November 9) *Money Supply (November ) 25 *Sales of New One-Family Homes (October) *Mutual Funds (October due out this *S&P Case-Shiller Home Price Index *Consumer Confidence Index (November) *Consumer Comfort Index (November 2) 30 *Challenger Employment Report (November) *ADP Employment Report (November) *Pending Home Sales (October) *Productivity & Costs (Q3) *Chicago Purchasing Managers Index (November) *Mortgage Applications (November 26)

13 US ECONOMIC CALENDAR December 20 Monday Tuesday Wednesday Thursday Friday *ISM Manufacturing Survey (November) *Construction Spending (October) *Auto Sales (November) *Railcar Loadings, (November 26) *Unemployment Claims (November 26) *Money Supply (November ) 5 *Manufacturers Shipments, Inventories & Orders (October) 6 *Consumer Comfort Index (December ) 2 *US Budget Receipts & Outlays (November) 3 *Retail Sales (November) *Manufacturing & Trade: Inventories & Orders (October) *NFIB (November) *JOLTS (October) *Manpower Survey (Q) *Consumer Comfort Index (December ) 9 *NAHB Housing Market Index (December) *World Oil Demand (November due out this 20 2 *Composite Cyclical Indexes (November) *Consumer Price Index (November) *GDP (Q3) *Corporate Profits (Q3) *Composite Cyclical Indexes (November) *Chicago Fed National Activity Index (November) *Consumer Sentiment Index (December) *Railcar Loadings, (December ) *Unemployment Claims (December ) *Money Supply (December 3) *Mortgage Applications (December 2) 9 *US International Trade (October) *Consumer Sentiment Index (December prel) *Industrial Production (November) *Capacity Utilization (November) *Semi Book-to-Bill Ratio (November) *International Transactions (Q3) *Producer Price Index (November) *Treasury International Capital Flows (October) *Philadelphia Fed Survey (December) *Empire State Manufacturing (December) *Railcar Loadings, (December 0) *Unemployment Claims (December 0) *Money Supply (December 6) and November *Debt (November) *Existing Home Sales (November) *Mortgage Applications (December ) *S&P Case-Shiller Home Price Index (October) *Consumer Confidence Index (December) *Mutual Funds (November due out this *Chicago Fed Midwest Mfg Index (November) *Richmond Fed Mfg & Service Sector Surveys (December) *Texas Mfg Outlook (December) *Consumer Comfort Index (December 25) 8 *Flow of Funds (Q3) *Wholesale Trade (October) *Railcar Loadings (December 3) *Unemployment Claims (December 3) *Money Supply (November ) *Import & Export Prices (November) *Mortgage Applications (December 0) *Housing Starts (November) *Consumer Comfort Index (December 8) 26 *Christmas Day Observed *Consumer Credit (October) *Mortgage Applications (December 3) 2 *Employment (November) *Monster Employment Report (November) 23 *Durable Goods (November) *Sales of New One-Family Homes (November) *Personal Income (November) *Pending Home Sales (November) *Chicago Purchasing Managers Survey (December) *Kansas City Fed Manufacturing Survey, (December) *Railcar Loadings (December 2) *Unemployment Claims (December 2) *Money Supply (December 20) 30 *Cincinnati ISM (December) *New York ISM (December) *Milwaukee PMI (December)

14 Copyright (c) Yardeni Research, Inc. 20. All rights reserved. The information contained herein has been obtained from sources believed to be reliable, but is not necessarily complete and its accuracy cannot be guaranteed. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness, or correctness of the information and opinions contained herein. The views and the other information provided are subject to change without notice. This report and the others posted on are issued without regard to the specific investment objectives, financial situation, or particular needs of any specific recipient and are not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. Past performance is not necessarily a guide to future results. Company fundamentals and earnings may be mentioned occasionally, but should not be construed as a recommendation to buy, sell, or hold the company s stock. Predictions, forecasts, estimates for any and all markets should not be construed as recommendations to buy, sell, or hold any security--including mutual funds, futures contracts, and exchange traded funds, or any similar instruments. The text, images, and other materials contained or displayed on any Yardeni Research, Inc. product, service, report, or website are proprietary to Yardeni Research, Inc. and constitute valuable intellectual property. No material from any part of may be downloaded, transmitted, broadcast, transferred, assigned, reproduced or in any other way used or otherwise disseminated in any form to any person or entity, without the explicit written consent of Yardeni Research, Inc. All unauthorized reproduction or other use of material from Yardeni Research, Inc. shall be deemed willful infringement(s) of this copyright and other proprietary and intellectual property rights, including but not limited to, rights of privacy. Yardeni Research, Inc. expressly reserves all rights in connection with its intellectual property, including without limitation the right to block the transfer of its products and services and/or to track usage thereof, through electronic tracking technology, and all other lawful means, now known or hereafter devised. Yardeni Research, Inc. reserves the right, without further notice, to pursue to the fullest extent allowed by the law any and all criminal and civil remedies for the violation of its rights. The recipient should check any and any attachments for the presence of viruses. Yardeni Research, Inc. accepts no liability for any damage caused by any virus transmitted by this company s s or website. Additional information available on request.

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