A Very Busy Week Begins

The world survived the weekend without the situation in Israel spiraling out of control and evolving into a region-wide conflict. That gold is down today is reflective of that. However, the situation remains tense and unsolved so the specter of conflagration is likely to loom over the markets all week.

Again, it's not as though the MENA and world have been spared the fate of a very dangerous war. It's just that, for now, events aren't careening in that direction as rapidly as it seemed back on Friday. To that end, Comex gold reopened last evening down about $10 from where it...

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Key Economic Events Week of 2/26

2/26 10:00 ET New home sales
2/27 8:30 ET Durable Goods
2/27 9:00 ET Case-Shiller home prices
2/27 10:00 ET Consumer Confidence
2/28 8:30 ET Q4 GDP 2nd guess
2/28 12:00 ET Goon Bostic
2/29 8:30 ET PCE and Core PCE
2/29 9:45 ET Chicago PMI
2/29 10:00 ET Pending home sales
2/29 10:50 ET Goon Bostic again
2/29 11:00 ET Goon Ghoulsbee
2/29 1:15 ET Goon Mester
3/1 9:45 ET S&P Manu PMI
3/1 10:00 ET ISM Manu PMI
3/1 10:00 ET Construction spending
3/1 10:15 ET Goon Logan
3/1 10:15 Goon Waller
3/1 12:15 ET Goon Bostic AGAIN
3/1 1:30 ET Goon Daly

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