Patience

How many times have I reluctantly used that word here in the first two weeks of the new year? And why do I use it "reluctantly"? Because I know that no one wants to be patient after the last ten years! However, patience is vital in 2023 and today you got a glimpse of why that's the case.

So anyway, welcome to January CPI day. As I write this at 9:00 am CT, it has been a very volatile 90 minutes since the data below was released....

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Key Economic Events Week of 6/5

6/5 9:45 ET S&P Services PMI
6/5 10:00 ET ISM Services PMI
6/5 10:00 ET Factory Orders
6/7 8:30 ET U.S. Trade Deficit
6/8 8:30 ET Initial Jobless Claims
6/8 10:00 ET Wholesale Inventories

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