The Looming

It appears more likely each day that our Crash Watch will become a Crash Warning. Though it's not a certainty just yet, things are definitely getting more dicey. But don't worry. I'm sure your Monetary Masters at The Fed have it all under control. They're omnipotent demigods, after all.

And it's all moving pretty fast this morning. Not only is the stonk market teetering on the edge of a sharp drop back to the June lows, just about everything else is, too. The only news that might shift the momentum is the UMich economic and inflation expectations that are due out any minute now....

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Key Economic Events Week of 10/3

10/3 9:45 ET S&P Manu PMI
10/3 10:00 ET ISM Manu PMI
10/3 3:10 ET Goon Williams
10/4 10:00 ET JOLTS
10/4 10:00 ET Factory Orders
10/5 8:15 ET ADP jobs report
10/5 9:45 ET S&P Services PMI
10/5 10:00 ET ISM Services PMI
10/6 8:50 ET Goon Mester
10/7 8:30 ET BLSBS
10/7 10:00 ET Goon Williams
10/7 11:25 ET Goon Kashnkari

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