Well, Here We Go

32
Mon, Nov 1, 2021 - 10:54am

This is going to be one crazy-ass week. I feel a bit like Evel Knievel sitting at the top of his runway ramp...looking ahead and wondering how in the heck am I going to jump from here to there. But the choice is made and there's no backing down now. So begin our acceleration down the ramp with a hope and a prayer that we'll make it safely to the other side.

And the week has already begun! Today brought the October manufacturing PMIs and, though they weren't a stagflationary disaster, they were both lower than expected....

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Key Economic Events Week of 1/24

1/24 9:45 ET Markit Flash PMIs for January
1/25 9:00 ET Case-Swiller home prices
1/25 10:00 ET Consumer Confidence
1/26 2:00 ET FOMC Fedlines
1/26 2:30 ET CGP presser
1/27 8:30 ET Q4 GDP first guess
1/27 8:30 ET Durable Goods
1/28 8:30 ET Personal Income and Spending
1/28 8:30 ET Core PCE
1/28 10:00 ET UMich 5-yr Inflation Expectations

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