Wacky Wednesday

Well, here we go with a wild and volatile Wednesday. As you know, this afternoon brings the latest set of Fedlines and another Powell presser. However, we must first navigate the service sector PMIs that are due within the hour.

We've already gotten the latest ADP jobs report and, though it incredibly came in well above expectations, it also revealed very little wage-related inflation pressure: https://www.cnbc.com/2023/05/03/adp-jobs-report-april-2023.html

This has led to a drop in the POSX...

About the Author

Founder
tfmetalsreport [at] gmail [dot] com ()

52 Comments on Wacky Wednesday

Subscribe or login to read all comments.

Support TFMR

Donate Buy Silver

Access Subscriber Benefits

Listen to TFMR on the go in your favorite podcast app, and join our member-only forum discussions!

Key Economic Events Week of 7/15

7/15 8:30 ET Empire Fed
7/15 12:00 ET Chief Goon Powell
7/16 8:30 ET Retail Sales
7/16 8:30 ET Import Price Index
7/16 10:00 ET Business Inventories
7/17 8:30 ET Housing Starts
7/17 9:00 ET Goon Barkin
7/17 9:15 ET Cap Ute & Ind Prod
7/17 9:35 ET Goon Waller
7/17 2:00 ET Beige Book
7/18 8:30 ET Philly Fed
7/18 10:00 ET LEIII
7/18 1:45 ET Goon Logan
7/19 10:40 ET Goon Williams
7/19 1:00 ET Goon Bostic

Forum Discussion

by argentus maximus, Jul 15, 2024 - 8:39pm
by 1980build, Jul 12, 2024 - 9:07am
by Wise-in-the-Ways-of-Science, Jul 9, 2024 - 3:57pm
randomness