Everworse, Everworser, Evercloser

59
Fri, Sep 17, 2021 - 10:55am

As you might imagine, writing and recording original daily updates for nearly eleven years is not an easy task. It's made easier by the constant stream of news and the knowledge that events are generally trending in the direction you've been forecasting. But at this moment in 2021, the situation is certainly quite challenging.

By now, you know all of this about as well as I do. Real interest rates are sharply negative. The Fed and the other central banks have no alternative but to keep the printers humming. Government deficits and central bank balance sheets are at mind-numbing...

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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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