December FOMC Day

Well, here we go. There are a lot of variables in play today as the December FOMC concludes with Fedlines at 2:00 pm ET, followed by a Powell presser at 2:30. What will CGP say and how will he say it? What unknown unknowns are in store for later today? Buckle in and hold on tight.

There's really no sense in discussing other news or datapoints today as everything is meaningless ahead of the FOMC....which should stop you in your tracks when you consider how Fed-dependent EVERYTHING has become. The news doesn't matter anymore. All that matters is the anticipated Fed reaction to said...

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Key Economic Events Week of 8/8

8/8 11:00 ET NY Fed Inflation Exp.
8/9 8:30 ET Unit Labor Costs
8/10 8:30 ET CPI
8/11 8:30 ET PPI
8/12 8:30 ET Import Price Index
8/13 10:00 ET UMich Consumer Sentiment
8/13 10:00 ET UMich Inflation Exp.

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