POSX Express

The POSX is a runaway train that appears ready to crush everything in its path on its way to new multi-decade highs. That "the markets" have so far survived its advance is somewhat astonishing but for how much longer?

You guessed it...the POSX is up again today. Another half point to 110.71 and a new 20+ year high.

And it bears repeating...Yes...

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Key Economic Events Week of 9/26

9/26 8:30 ET Chicago Fed
9/27 6:15 ET Goon Evans
9/27 7:30 ET Chief Goon Powell
9/27 8:30 ET Durable Goods
9/27 10:00 ET Goon Bullard
9/27 10:00 ET Consumer Confidence
9/28 8:30 ET Goon Bostic
9/28 2:00 ET Goon Evans
9/29 8:30 ET Q2 GDP final guess
9/30 8:30 ET PCE
9/30 8:30 ET Personal Inc and Spend
9/30 9:00 ET Goon Brainard
9/30 9:45 ET Chicago PMI
9/30 10:00 ET UMich Inflation Exp.
9/30 12:30 ET Goon Barkin

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