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 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

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