Some of the economic data is starting to slip such as jobless claims, says Michael Zarembski of Charles Schwab. He points out that if the economic data coming out this week slips too, there may be a spillover affect as the consumer may pullback on their spending. There are many big tech earnings reporting this week including Apple (AAPL), Microsoft (MSFT), Tesla (TSLA), and Intel (INTC), Michael explains. Michael gives his thoughts on the upcoming FOMC meeting this week. He is also looking to the personal income and expenditures due out this week.