Floating Higher

60
Thu, Jan 20, 2022 - 10:56am

Commodities are floating higher again today and extending the gains that have already been posted this week. While this is nice, unexpected and very fun, we must remain vigilant for another price slam of the sort we experienced back in November.

It's a Happy Thursday as prices in general continue to rise on the back of some inflation news and a surprise surge in US unemployment claims. More stagflation signals, I guess. Bonds are flat and the POSX is oscillating between up 10¢ and down 10¢....

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Key Economic Events Week of 5/9

5/9 11:00 ET 1-3 year inflation expectations
5/10 7:40 ET Goon Williams
5/10 9:15 ET Goon Barkin
5/10 1:00 ET Goons Waller and Kashnkari
5/10 3:00 ET Goon Mester
5/11 8:30 ET CPI
5/11 12:00 ET Goon Bostic
5/12 8:30 ET PPI
5/13 8:30 ET Import Prices
5/13 10:00 ET UMich inflation expectations
5/13 11:00 ET Goon Kashnkari
5/13 12:00 ET Goon Mester

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