A Lot Going On

Today is one of those days where it seems calm on the surface. It's a summer Friday and everyone is thinking abut the weekend. But when we dig a little deeper, there's a lot going on and some of what's happening might have significant implications.

This is not meant to be some sort of dire warning. It's just that the more I read and scroll, the more I find that seems concerning. Let's start with this, for example. Maybe this Swiss Bank failure is just a one-off. No big deal and an isolated event. Maybe. But maybe not....

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Key Economic Events Week of 3/17

3/17 8:30 ET Retail Sales
3/17 8:30 ET Empire Fed
3/17 10:00 ET Wholesale Inventories
3/18 8:30 ET Housing Starts
3/18 9:15 ET Cap Ute & Ind Prod
3/19 2:00 ET FOMC Fedlines & SEP
3/19 2:30 ET Jerry's presser
3/20 8:30 ET Philly Fed
3/20 10:00 ET Home Sales
3/20 10:00 ET LEIII
3/21 4:00 ET NYSE option expiry

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