FOMC Day One

And another day of POSX AlgoHell.

Tue, Sep 15, 2020 - 10:19am

Well, here we go. The September FOMC begins today and concludes tomorrow with Chief Goon Powell presenting his Fedlines and holding his presser. What will come of it? Will there be anything at all of substance given the US election pending in seven weeks? I guess we'll find out soon enough.

As you know, The Fed is certainly not concerned about inflation at this point. In fact, they are doing everything they can to spark some inflation and have already signaled that the fed funds rate will stay at ZERO until at least 2023. The recent US inflation data has upticked a little bit as...

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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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