Here Come The Fedlines

Wed, Jun 16, 2021 - 10:30am

For as long as I can remember, we've called the 2:00 pm ET press release that follows an FOMC meeting "fedlines". LIESman and others will parse each sentence in an effort to uncover some sort of hidden code that explains what the Fed Goons has discussed. They'll no doubt do so again today.

We've even had an acronym for it...the LSHI for the LIESman Shiny Head Index. The idea being that the more LIESman had to spin it positive, the more he would sweat. And the more he sweat, the more shiny his head would become. Of course, all of our acronyms over time have collected at our "...

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Key Economic Events Week of 9/20

9/21 8:30 ET Housing Starts
9/22 8:30 ET Existing Home Sales
9/22 2:00 ET FOMC Fedlines
9/22 2:30 ET Chief Goon Powell
9/23 9:45 ET Flash PMIs for September
9/24 8:45 ET Goon Mester
9/24 10:00 ET Chief Goon Powell
9/24 10:00 ET Goon George

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