This Weeks Market Moving Events...

Home sales, durable goods and GDP could all make top headlines, but so will Wednesday's FOMC statement. Zero rates are hog-tying the scope of monetary policy but the Fed's statement can still offer inside details on the financial system.

Simply Economics - Earnings drag stocks down

                                     By R. Mark Rogers, Senior U.S. Economist

Earnings season is upon us again – and few are bringing good cheer.  Financials in particular have resurfaced with greater vulnerability than expected.  It turns out that improvement in the credit crisis has not been as much as previously believed.  Meantime, inflation fears are making a comeback in the bond markets. (click to read entire article)