Mother Of All Fears

Mother Yellen will soon be starting a speech to a banking group and it's expected that she will announce a full backstop of all US bank deposits. This equates to something like a $18TRILLION guarantee. On the news, gold is down sharply, as you'd expect.

So, anyway, here we are on Tuesday and the madness continues. As I type, Mother is about to begin her speech. Some excerpts of what she's expected to discuss have already been released. The shot below gives you a basic understanding:...

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Key Economic Events Week of 6/17

6/17 8:30 ET Empire Fed
6/17 1:00 ET Goon Harker
6/18 8:30 ET Retail Sales
6/18 9:15 ET Cap Ute & Ind Prod
6/18 10:00 ET Business Inventories
6/18 1:00 ET Goons Kugler & Logan
6/18 2:00 ET Goon Ghoulsbee
6/19 US Markets closed
6/20 8:30 ET Housing starts
6/20 8:30 ET Philly Fed
6/21 9:45 ET S&P flash PMIs June
6/21 10:00 ET Home sales
6/21 10:00 ET LEIII
6/21 4:00 ET NYSE option expiry

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