Walking The Pig

Mon, Sep 14, 2020 - 10:49am

As a consequential FOMC week begins, the POSX is sharply lower and this, as per the current usual, is leading to higher Comex digital metal prices today. But it's going to be a long flippin week so don't go getting too excited just yet.

You're going to hear this a lot this week so we might as well get started this way...

Will CGP and his FOMC make any mention of Yield Curve Control on Wednesday. There may be something in the Fedlines or there may not be. There will likely be a question or two on this topic in the presser, however, so this topic will be addressed one way...

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Key Economic Events Week of 7/26

7/27 8:30 ET Durable Goods
7/27 9:00 ET Case-Shiller home prices
7/27 10:00 ET Consumer Confidence
7/28 2:00 ET FOMC Fedlines
7/28 2:30 ET CGP presser
7/29 8:30 ET Q2 GDP first guess
7/30 8:30 ET Personal Income and Spending
7/30 8:30 ET Core Inflation
7/30 9:45 ET Chicago PMI
7/30 10:00 ET UMich Consumer Sentiment

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