Key Market Events This Week: Trump’s Davos Address, PCE Data, and Earnings Reports
Markets face a truncated trading week with the Martin Luther King Jr. holiday closing U.S. exchanges Monday, but macroeconomic catalysts loom large. President Trump's Wednesday speech at Davos will likely spotlight housing affordability reforms, including proposed bans on institutional homebuyers and directives to government-sponsored enterprises.
Thursday brings delayed inflation metrics with October and November's PCE readings—the Federal Reserve's preferred gauge—alongside Q3 GDP revisions. Tech earnings take center stage as Netflix and Intel report, joined by United Airlines, Johnson & Johnson, and industrial bellwethers like 3M.
While no direct cryptocurrency mentions surface, institutional investors will parse Trump's housing policies for potential capital rotation effects. The PCE data may shift rate expectations, a critical variable for digital asset valuations. Earnings surprises could redirect liquidity between equities and crypto markets.