−20%−10%0+10%−3.7%−1×+3.7%+1×Retail sales for November 2024: +0.8% on the monthFOMC: 25bp cutJobless claims for the week to Dec 21, 2024: 219,000 (-1k)Q4 2024 quarterly options expiryJobless claims for the week to Dec 28, 2024: 211,000 (-8k)Jobless claims for the week to Jan 4, 2025: 201,000 (-10k)Jobs report for December 2024: +248k, unemployment 4.1%Producer prices for December 2024: +0.2% on the monthCPI release for December 2024: +0.4% on the month, core +0.2%Jobless claims for the week to Jan 18, 2025: 223,000 (+6k)DeepSeek triggers a global tech sell-offFOMC: hold