CGP T-3

42
Tue, Aug 24, 2021 - 10:29am

With just three days to go until Chief Goon Powell's Jackson Holedown speech, the Comex PMs are listless today as a low-volume, AlgoHell trade has taken over. It won't be this way all week as more economic datapoints are coming but it sure makes for a sleepy Tuesday.

Not that there isn't any news out there, it's just that the news there is doesn't impact the POSX directly and, as such, it doesn't directly impact CDG or CDS, either.

The Kabul Airlift continues today and those fun-loving Taliban guys are giving it just one more week for fear of seeing the entire country...

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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

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