Consumer confidence, home sales, Nike earnings top week ahead

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Consumer confidence, home sales, Nike earnings top week ahead

Key Advisors Group LLC co-owner Eddie Ghabour weighs in on the market selloff and his market outlook for 2022.

Investors will enter the final stretch before Christmas this week as volatility ticks up due to concerns over inflation, interest rate hikes, and the spread of the omicron variant.

HERE’S WHERE SURGING PRICES ARE HITTING CONSUMERS THE MOST

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	35365.44	-532.20	-1.48%
SP500	S&P 500	4620.64	-48.03	-1.03%
I:COMP	NASDAQ COMPOSITE INDEX	15169.682092	-10.75	-0.07%

FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days. Financial markets will be closed Friday in observance of the Christmas holiday.

Monday 12/20

On Monday, investors will take in earnings from Blade Air Mobility before the opening bell, Micron Technology, and Nike after the bell, and the Conference Board’s index of leading economic indicators.

Ticker	Security

Job openings, consumer prices, Costco and GameStop earnings top week ahead

Lance Roberts sounds off on a ‘lack of liquidity’ and inflation on ‘Making Money.’

Investors will begin the week after a surge in volatility fueled by omicron fears and rising inflation.

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	34580.08	-59.71	-0.17%
SP500	S&P 500	4538.43	-38.67	-0.84%
I:COMP	NASDAQ COMPOSITE INDEX	15085.471504	-295.85	-1.92%

FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.

Monday 12/6

BuzzFeed is set to begin publicly trading Monday on the Nasdaq under the ticker symbol BZFD following shareholder approval on Friday for a business combination with special purpose acquisition company 890 5th Avenue Partners. The news publisher raised $16.2 million held in trust and expects to raise approximately $150 million in fully committed convertible notes after the majority of its investors pulled out of the deal, according to the Wall Street

Seventh Circuit Moves Vicarious Legal responsibility Statements Ahead – Media, Telecoms, IT, Leisure

Reversing dismissal, the U.S. Court of Appeals, Seventh Circuit&#13
found that a plaintiff had adequately pled allegations of&#13
vicarious liability to preserve his Telephone Purchaser Safety Act&#13
(TCPA) suit alive.

Christopher Bilek received two unauthorized robocalls. A&#13
prerecorded concept allegedly solicited wellness insurance plan and&#13
instructed Bilek to press 1 to be linked to a consultant.&#13
When he pressed 1, Bilek was allegedly linked to a reside agent&#13
who presented a estimate for overall health insurance underwritten by Federal&#13
Coverage Corporation (FIC) and facilitated by Wellbeing Insurance plan&#13
Improvements (HII).

Bilek sued FIC and HII for managing afoul of the TCPA and&#13
Illinois’s point out analog on a vicarious liability idea,&#13
saying that the defendants’ brokers produced the calls.

To assist his allegations, Bilek alleged a net of enterprise&#13
associations: FIC contracted with HII to offer its coverage, HII&#13
employed guide generators to effectuate telemarketing, and the guide&#13
turbines produced

Factors to Consider Ahead of Comcast’s (CMCSA) Q3 Earnings

Comcast CMCSA is set to report third-quarter 2021 results on Oct 28.

The Zacks Consensus Estimate for third-quarter 2021 revenues is pegged at $29.8 billion, indicating 16.7% growth from the year-ago quarter’s reported figure.

The consensus mark for earnings has remained steady at 76 cents per share over the past 30 days, suggesting an increase of 16.9% from the figure reported in the year-ago quarter.

Comcast beat on earnings in all the trailing four quarters, the average being 23.9%.

Let’s see how things have shaped up prior to this announcement.

Comcast Corporation Price and EPS Surprise

Comcast Corporation price-eps-surprise | Comcast Corporation Quote

Internet Subscriber Base Growth: A Key Catalyst

Comcast’s third-quarter 2021 results are expected to benefit from an increased number of high-speed Internet subscribers fueled by a continued spike in media consumption and the work-from-home wave, which is expected to have aided this cable giant.

Additionally, improvement in

Seventh Circuit Moves Vicarious Legal responsibility Statements Ahead | Manatt, Phelps & Phillips, LLP

Reversing dismissal, the U.S. Courtroom of Appeals, Seventh Circuit observed that a plaintiff experienced sufficiently pled allegations of vicarious legal responsibility to maintain his Phone Client Defense Act (TCPA) fit alive.

Christopher Bilek been given two unauthorized robocalls. A prerecorded information allegedly solicited well being insurance coverage and instructed Bilek to push 1 to be connected to a consultant. When he pressed 1, Bilek was allegedly linked to a are living agent who offered a quote for health and fitness coverage underwritten by Federal Coverage Corporation (FIC) and facilitated by Overall health Insurance policy Improvements (HII).

Bilek sued FIC and HII for jogging afoul of the TCPA and Illinois’s point out analog on a vicarious legal responsibility theory, professing that the defendants’ brokers generated the calls.

To aid his allegations, Bilek alleged a website of organization relationships: FIC contracted with HII to provide its insurance policies, HII hired guide turbines