At Least It's Friday

As the week draws to a close, it's time to take a look back at where we were on Monday versus where we are today and, once again, the old TFMR adage about how you end the week being more important than how you start it.

But first, let's take a quick look at the latest Producer Price Index. The headlines today are all about how "inflation is falling but higher than expected" and I suppose that's one way to look at it. The POSX and the Comex PMs certainly viewed it that way at first glance with the POSX spiking and the PMs falling.

However and just like the BLSBS, it pays...

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Key Economic Events Week of 1/30

1/31 8:30 ET Employment Costs
1/31 9:00 ET Case-Shiller Home Prices
1/31 10:00 ET Consumer Confidence
2/1 8:15 ET ADP jobs report
2/1 9:45 ET S&P Manu PMI
2/1 10:00 ET ISM Manu PMI
2/1 10:00 ET JOLTS
2/1 2:00 ET FOMC Fedlines
2/1 2:30 ET Chief Goon Powell
2/2 8:15 ET ECB rate decision
2/2 8:30 ET Productivity & Labor Costs
2/2 10:00 ET Factory Orders
2/3 8:30 ET BLSBS
2/3 9:45 ET S&P Services PMI
2/3 10:00 ET ISM Services PMI

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