The aftermath of the Fed meeting and spillover effects from Greece will probably trump domestic data risk next week while the earnings season doesn't really kick off for another four weeks. Readings on the health of the US economy will probably be more positive toward the end of the week but the data tone at the start of the week is uncertain.
"By week's end, Q1 GDP (Wednesday) is likely to be less bad than originally reported, while the next day's consumer spending figures will likely register a sizeable gain. Upward revisions to retail sales and, to a lesser extent, other categories like other services and trade are feeding expectations that the third swing at GDP estimates will be revised better than the 0.7% contraction that was registered in the second print", Scotiabank.
