Happy New Year?

Thu, Feb 11, 2021 - 10:55am

It has been an unusually quiet week with barely any news or events to drive the "markets". That will soon change, of course, so I suppose we should enjoy the mental break from all the volatility we've seen as of late.

The only economic datapoint today was the initial jobless claims number. This used to be a non-event but it took on some significance withe the onset of Covid and the massive layoffs/firings that followed. The job market is still slow and the total amount of Americans receiving some for of "unemployment assistance" is once again over 20,000,000....

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Key Economic Events Week of 5/10

5/11 10:00 ET JOLTS job openings
5/11 12:00 ET Goon Brainard
5/12 8:30 ET Consumer Price Index
5/12 9:00 ET Goon Chlamydia
5/12 2:00 ET Federal Budget
5/13 8:30 ET Producer Price Index
5/14 8:30 ET Retail Sales
5/14 8:30 ET Import Price Index
5/14 9:15 ET Cap Ute & Ind Prod
5/14 10:00 ET Consumer Sentiment

Forum Discussion

by SteveW, 9 hours 51 min ago
by SteveW, May 12, 2021 - 10:30pm
by Titus Andronicus, May 11, 2021 - 4:57pm
by Green Lantern, May 11, 2021 - 10:15am
by ancientmoney, May 11, 2021 - 10:03am