Jerry On Deck

Not much meaningful economic news today so the big event will be a joint appearance of Chief Goon Powell and Countess of The Dark Lagarde at an ECB forum in Portugal.

The most meaningful news of yesterday was the lowest print yet of the GDPnow forecast from our little buddy in Atlanta. Though the quarter is over, the data for June will be trickling in all month so expect this number to be revised several more times before the "official" data comes out in four weeks....

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Key Economic Events Week of 7/22

7/23 9:45 ET July Flash PMIs
7/23 10:00 ET Existing Home Sales
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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