At Least It's Friday

84
Fri, Jan 28, 2022 - 10:50am

What a long, strange week this has been and, in hindsight, it was definitely a good idea to have a Hat Contest. And now we end the week with stonks going up and CDG going down, regardless of the news. Who's ready for the weekend?!?

So, anyway, a little bit of a late start this morning so I'll try to keep this brief and on point.

The news today should have been bullish for the Comex metals and, a few months ago, it would have been. But now the prevailing sentiment has shifted to a "this only makes The Fed tighten faster" narrative and so, as stagflationary as this data is...

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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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