June FOMC Week

After a wildly volatile week last, don't expect a respite anytime soon as the new week brings inflation data and the June FOMC meeting, where we get a Jerry presser and an updated SEP. So buckle in and let's see where we go from here.

I hope you were able to have a relaxing weekend, regardless of the shtshow we had to endure back on Friday. Further, I expect that you found the following ZH summary and gave it a full read. Last Friday's BLSBS may have been the worst yet... and that's saying something! ...in terms of distortion and propaganda. It's old news at this point but that...

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Key Economic Events Week of 7/22

7/23 10:00 ET Existing Home Sales
7/24 9:45 ET S&P July flash PMIs
7/24 10:00 ET New Home Sales
7/25 8:30 ET Q2 GDP first guess
7/25 8:30 ET Durable Goods
7/25 1:30 ET Comex option expiry
7/26 8:30 ET PCE and Core PCE
7/26 8:30 ET Personal Inc and Spend

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