Into The Corner

60
Tue, Oct 27, 2020 - 9:58am

Well, here we are. Prices have been painted as far as they can into the corners of the pennants we've been watching for weeks. So what comes next? Resolution....one way or the other.

At least it's something to watch this week. With the US election pending for a week from today, there ain't nothin else goin on. (MamaF would have hated that grammar.)

We had the US durable goods number for September today. It was better than expected but who cares? The Fed is not raising rates through 2023 and the US economy is a LONG way from making a full Covid recovery. Oh sure, the Q3...

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Key Economic Events Week of 12/6

12/7 8:30 ET US Trade Deficit
12/7 8:30 ET Productivity
12/7 8:30 ET Unit Labor Costs
12/8 10:00 ET JOLTS job openings
12/10 8:30 ET CPI
12/10 10:00 ET UMich consumer sentiment
12/10 10:00 ET Five-year inflation expectation

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