Above Expectations

As you may recall, I often play a mind game in the morning. Given the circumstances of the day before and how things looked before I called it a day, I'll get a number in my mind for CDG so that I'm not too depressed at first glance. After the response to the FOMC minutes yesterday, I was concerned that I'd wake up today to some nasty downside.

Instead, and to my great surprise, things are OK. Not great, obviously, but OK and certainly not down $30, either....at least not yet.

Let's start with the bond market where rates are UP yet again with the yield on the 10-year...

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Key Economic Events Week of 2/10

2/11 10:00 ET Jerry Powell Hump-Hawk
2/11 3:30 ET Goon Williams
2/12 8:30 ET CPI and Core CPI
2/12 10:00 ET Jerry Powell Hump-Hawk
2/12 2:00 ET Goon Bostic
2/12 2:00 ET Monthly Treasury Statement
2/12 3:30 ET Goon Williams again
2/13 8:30 ET PPI and Core PPI
2/14 8:30 ET Retail Sales
2/14 9:15 ET Cap Ute & Ind Prod
2/14 10:00 ET Wholesale Inventories
2/14 3:00 ET Goon Logan

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