Disaster Du Jour

The hits just keep coming, day after day. Makes you wonder what's next? A band-aid for Credit Suisse. A buyout for First Republic. Which are both nice but how many band-aids are in the box and how many buyouts are possible?

So welcome to Thursday of Crazy Week. Once again, your host is at a bit of a loss in deciding where to start. I guess we can start with the ECB, where The Countess of The Dark actually went ahead and raised their main interest rate by 50 basis points to 3.00%. For perspective, this rate was still negative as recently as last July. OK, then....

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Key Economic Events Week of 9/25

9/26 8:30 ET New Home Sales
9/26 9:00 ET Case-Shiller home prices
9/26 10:00 ET Consumer Confidence
9/26 1:30 ET Goon Bowman
9/27 8:30 ET Durable Goods
9/28 8:30 ET Q2 GDP final guess
9/28 1:00 ET Goon Cook
9/28 4:00 ET Chief Goon Powell
9/29 8:30 ET PCE and Core PCE
9/29 8:30 ET Personal Inc and Spend
9/29 10:00 ET UMich sentiment

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