From Sunday To Friday

The week began with a direct intervention by The Banks. Will it end poorly, too, or will most of the price losses be recovered after the latest BLSBS?

We got some hint of that today. Some. The ADP report that precedes the BLSBS by two days each month is not usually a direct comparison to the "official" report. It can, however, set expectations for what's to come. Today's report was below what was expected and the most previous months were revised lower, too. Is this a harbinger for Friday? Maybe.

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Key Economic Events Week of 6/24

6/24 8:30 ET Goon Ghoulsbee
6/24 2:00 ET Goon Daly
6/25 7:00 ET Goon Bowman
6/25 9:00 ET Case-Shiller home prices
6/25 10:00 ET Consumer Confidence
6/25 12:00 ET Goon Cook
6/25 1:30 ET Comex option expirations
6/26 10:00 ET New home sales
6/27 8:30 ET Q1 GDP final guess
6/27 8:30 ET Durable Goods
6/28 8:30 ET PCE and Core PCE
6/28 8:30 ET Personal Inc and Spend
6/28 9:45 ET Chicago PMI
6/28 10:00 ET UMich final
6/28 12:00 ET Goon Bowman again

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