BLSBS Madness

Fri, Aug 6, 2021 - 11:02am

A surge in the latest "jobs report" was enough to further the message delivered on Wednesday by Vice Goon Chlamydia. Namely, that The Fed will soon announce some sort of taper plan for its current QE program. This, predictably, has pumped the POSX, crushed bonds and obliterated the Comex PMs.

While technically still on vacation, I knew that you needed a new thread today with all that's going on. We'll get back to a normal schedule next week but, in the meantime, a major smash after a BLSBS sure feels normal, too.

Here are the details of a report that shows nearly 1MM new...

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Key Economic Events Week of 10/18

10/18 9:15 ET Cap Ute and Ind Prod
10/19 8:30 ET Housing Starts
10/19 3:00 ET Goon Waller
10/20 1:00 ET Goon Quarles
10/20 2:00 ET Fed Beige Book
10/21 8:30 ET Philly Fed
10/21 10:00 ET LEIII
10/22 9:45 ET October Flash PMIs