There are only a few important reports that we are watching this week for the U.S. economics. Now that is good news as the European fiasco is taking center stage anyway.
Below is the economic reports that are expected through the 15th. More important will be the inflation numbers out for China tonight. If the number is too hot, the concern about tightening will linger. If it is cool, then there may be a market party.
Does it matter anyway? Greece and the EuroZone are going to be gigantic killjoys either way.