A Goonless Week

86
Mon, Oct 25, 2021 - 11:01am

One bright side to having the November FOMC pending for next week is that this week brings the customary "quiet period". So that means no Goons all week! Yay us!! Of course there will still be other events and headlines to move the "markets" but at least we won't have to deal with Williams and Bullard and Bostic and...

And the week has begun with a rally, too. The smash of last Friday still lingers in the air like the foul stench of an interstate rest area toilet but at least we've recaptured most of the losses imposed on us in the latest Bank effort to paint the weekly chart....

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Key Economic Events Week of 12/6

12/7 8:30 ET US Trade Deficit
12/7 8:30 ET Productivity
12/7 8:30 ET Unit Labor Costs
12/8 10:00 ET JOLTS job openings
12/10 8:30 ET CPI
12/10 10:00 ET UMich consumer sentiment
12/10 10:00 ET Five-year inflation expectation

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