Stepping Back From The Edge

Oh boy, things got a little dicey overnight and it appeared that we were set for a very interesting and volatile Friday...until...a little leak from Jerry to his buttboy at the WSJ. And now, as if by magic, suddenly everything has stabilized.

Here's a rundown of how crazy things had gotten. At their respective highs and lows:

  • USDJPY was up 1.81 at 151.95
  • POSX was up 99¢ at 113.83
  • S&P futures were down 35 points at 3632
  • The 10-year note was yielding 4.34%
  • Dec22 Comex gold hit a low of $1621

And then...

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Key Economic Events Week of 5/13

5/13 9:00 ET Goons Jefferson and Mester
5/14 8:30 ET PPI and Core PPI
5/14 9:10 ET Goon Cook
5/14 10:00 ET Chief Goon Powell
5/15 8:30 ET CPI and Core CPI
5/15 8:30 ET Retail Sales
5/15 8:30 ET Empire Fed
5/15 10:00 ET Business Inventories
5/15 12:00 ET Goon Kash-n-kari
5/16 8:30 ET Philly Fed
5/16 8:30 ET Housing Starts
5/16 8:30 ET Import Price Index
5/16 9:15 ET Cap Ute & Ind Prod
5/16 12:00 ET Goon Mester
5/16 1:00 ET Goon Williams
5/17 10:00 ET LEIII
5/17 10:15 ET Goon Waller

Forum Discussion

by Titus Andronicus, May 17, 2024 - 3:54pm
by erewenguy, May 17, 2024 - 1:37pm
by AccidentalTourist, Apr 6, 2024 - 4:01am
by Wade Case, Mar 22, 2024 - 9:00pm
by Wade Case, Mar 22, 2024 - 8:24pm
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