Though the highlight of the week on Wall Street has likely already passed -- the latest Fed commentary had the attention of investors around the world -- the next few days may provide some insight as to the strength of the recovery here in the U.S. For the time being, markets remain volatile and more susceptible to shifts that come along with economic indicators, such as government data or earnings reports. Though it is not officially earnings season, some companies will be reporting this week, including a few bellwethers that could shed light on the outlook for their respective industries [see also Four Revelations About The ETF Industry].
Today General Mills Inc.
With this earnings report on tap, the PowerShares Dynamic Food & Beverage
If the report from General Mills comes in light, it may mean the food industry is struggling to stay afloat during these tough times, which could send the fund down. But if the report comes in as expected, with the high revenue growth, the individual securities of PBJ may all feel a little weight off its shoulders with a brighter outlook on the horizon [see also ETFdb TV: Talking Commodities].
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