An Inauspicious Start

If you were able to listen to Friday's BwT audio, you may have noticed my concern for how this month might play out. I'm not expecting a crash or even a significant decline. However, after six consecutive green monthly candles, don't be surprised if September ends in the red.

And we're off to a tough start. Prices got hammered for a while Sunday evening, only to recover a bit during the global trade of yesterday. Last night was OK but I still awoke this morning expecting to see CDG and CDS deeply into the red. To my surprise, they were only off $3 and 30¢, respectively. As I...

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Key Economic Events Week of 9/9

9/9 10:00 ET Wholesale Inventories
9/9 3:00 ET Consumer Credit
9/11 8:30 ET CPI and Core CPI
9/12 8:30 ET PPI and Core PPI
9/12 2:00 ET US .gov budget
9/13 8:30 ET Import Price Index
9/13 10:00 ET Prelim UMich

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