This Weekâ€™s Economic Outlook
In an attempt to speed up a solution for the European debt crisis, European economic officials met today in Brussels, the first of 2012. While many believe this meeting is a step in the right direction, others are hesitant of the outcome. While nothing has happened as of yet, Greece and its private investors announced on Saturday that they expect to complete a deal in the coming days.
In addition to Europe’s economic meeting, the other big economic factor will be the January employment rates that are set to be released on Friday. Currently, the estimates are at 160K for non-farm jobs, +170K private non-farm jobs and unemployment at 8.5%.