In Friday's podcast, we discussed the idea that the next two weeks or so could unfold in a manner similar to what we dealt with back in February where a sudden uptick in the economic data led to a surge in rate hike expectations, a rally in the POSX and a drop in the Comex PMs. We dubbed it a "mini-February" event and the idea is gaining some traction already today.

So welcome back to the new week. I hope you enjoyed your weekend and are mentally prepared for a frustrating/challenging week. Recall that Friday's podcast mentioned that, after seven consecutive red candles, the POSX...

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Key Economic Events Week of 7/8

7/8 3:00 ET Consumer Credit
7/9 10:00 ET Jerry Hump-Hawk Day 1
7/9 1:30 ET Goon Bowman
7/10 10:00 ET Wholesale Inventories
7/10 10:00 ET Jerry Hump-Hawk Day 2
7/11 8:30 ET CPI and Core CPI
7/11 10:30 ET Goon Bostic
7/11 1:00 ET Goon Musalem
7/11 2:00 ET Federal budget deficit
7/12 8:30 ET PPI and Core PPI
7/12 10:00 ET Prelim UMich

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