Traders Eye D.C. Drama, Fed Speakers, Housing, China In New Week

Retail sales, housing data and debt ceiling drama will dominate the market narrative in the US this week. Talks between White House officials and GOP staff aimed at averting a self-made catastrophe were proceeding, according to Joe Biden. "There's real discussion about some changes we all could make," he said, over the weekend. "But we're not there yet." This goes without saying, but they need to get "there" pretty soon. If not, the US will "have to default on some obligation, whether it’s T