No News Is No News

Today's CPI print came in a little "cooler" than expected. This has prompted a reset of fed funds rate hike expectations...back to exactly what Jerry told everyone to expect at the September FOMC. Which means that everything between then and now was simply drummed up speculation designed to inspire volatility and drive trading revenues.

So, whatever. Call me cynical in my old age. But this is all such a scam, put forth by the investment houses and the Financial-Media Complex:...

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Key Economic Events Week of 12/5

12/5 9:45 ET S&P Services PMI
12/5 10:00 ET ISM Services PMI
12/5 10:00 ET Factory Orders
12/7 8:30 ET Productivity
12/7 8:30 ET Unit Labor Costs
12/8 8:30 ET Initial Jobless Claims
12/9 8:30 ET PPI
12/9 10:00 ET UMich inflation exp.

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