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Wall Street & White House Agenda

@ The White House

In the morning, the President and the Vice President will receive the Presidential Daily Briefing in the Oval Office.

Later, the President and the Vice President will host an "Insourcing American Jobs" forum at the White House focused on the increasing trend of companies choosing to "insource" jobs and invest in the United States. The President and the Vice President will begin the forum by holding a roundtable meeting in the Eisenhower Executive Office Building with business leaders, as well as experts on the topic, to discuss why it´s competitive to locate in the United States and what more can be done to work with companies to take similar steps to insource American jobs.

Following the meeting, the President will deliver remarks to leaders from the private sector and the government that are taking steps to encourage companies to insource and invest in America. The Vice President will attend the remarks. In the afternoon, the President will travel to Chicago, Illinois.

Later, the President will deliver remarks at a campaign event at the UIC Forum.

In the evening, the President will deliver remarks at a campaign event at a private home. Later in the evening, the President will deliver remarks at a campaign event at a private home. At night, the President will return to Washington, DC.

@ Wall Street

On the docket for this week is the latest data on retail sales, consumer sentiment, and international trade. Retail sales likely gained slightly in December, but without help from autos.

Holiday sales were probably solid, but volume increases were probably less impressive because "even with discounting" prices were running higher than a year earlier. Consumer moods are improving with the jobs market and lower gas prices, and the Reuters/Michigan Consumer Sentiment Index is seen gaining in early January. Sentiment is now catching up to spending. The trade gap probably widened in November as higher oil prices boosted the import bill and exports were flat.

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