Goldman kicks us off with the weak PCE:
KEY NUMBERS:
PCE price index +0.34% (mom) for October vs. GS +0.37%, median forecast +0.4%, prior revised +0.34%
PCE price index +6.02% (yoy) for October vs. GS +6.03, median forecast +6.0%, prior revised +6.27%
Core PCE price index +0.22% (mom) for October vs. GS +0.25%, median forecast +0.3%, prior +0.46%
Core PCE price index +4.98% (yoy) for October vs. GS +4.98%, median forecast +5.0%, prior revised +5.18%
Personal spending +0.8% for October vs. GS +1.0%, median forecast +0.8%, prior +0.6%
Personal income +0.7% for October vs. GS +0.6%, median forecast +0.4%, prior +0.4%
Initial claims 225k for the week ended November 26 vs. GS 245k, median forecast 235k, prior revised 241k
Continuing claims 1,608k for the week ended November 19 vs. median forecast 1,570k, prior 1,551k