Where To Start As The Week Ends?

What a crazy week this has been, punctuated today by an insanely ridiculous BLSBS and accompanying reaction. And where does it all go from here?

So where do we start on another day like this? At least it's Friday so we don't have to do this again for 72 hours! I guess we should begin with the BLSBS. The mainstream financial media is all aflutter over the headline number, as you can see below:

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Key Economic Events Week of 8/15

8/15 8:30 ET Empire Fed Manu Idx
8/15 10:50 ET Goon Waller
8/16 8:30 ET Housing Starts
8/16 9:15 ET Cap Ute and Ind Prod
8/17 8:30 ET Retail Sales
8/17 9:30 ET Goon Bowman
8/17 2:00 ET July FOMC minutes
8/18 8:30 ET Philly Fed Manu Idx
8/18 10:00 ET LEIII
8/18 1:20 ET Goon George
8/18 1:45 ET Goon Kashnkari
8/19 9:00 ET Goon Barkin

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