Happy Birthday

91
Wed, Oct 8, 2014 - 6:34am

WARNING: This piece is a shameless attempt to distract you from the world of precious metals, finance, economics and geopolitics to draw attention to a ‘strictly human interest’ story. Please do not make ANY decisions, let alone investment ones, based on the information presented. This is purely for entertainment purposes.

Politicians and governments garner favor, popularity and support from their constituents in different ways.

Some favor populist measures, such as tax breaks or benefit ‘giveaways’ to citizenry, subsidies and social entitlements – be they cash transfers or fuel/food price controls. Thus it has been since at least the days of Rome (and erudite readers can no doubt point to much earlier instances), when panem et circenses (bread and circuses) became a part of everyday parlance.

When such measures prove inadequate to generate sufficient fervor due to, say, overwhelmingly deteriorating economic conditions, or when civil liberties and human rights are being systematically curtailed, or when war is deemed necessary (or all three of the above), the specter of an external, powerful enemy and its act of outrageous aggression and villainy almost magically materialize EVERY SINGLE TIME. Some 'fringe' students of history may even point to incidents where acts of sabotage and violence may have in fact been either carried out or 'gently encouraged to happen' by agents of various government actors. This in turn justifies not only immediate and extensive government (re)action -- but a mechanism by which this can be done to the cheering on by at least a tacit majority of the population.

But in the end, both of the above avenues are rather costly. Social benefits cost taxpayer money, wars cost lots of money AND taxpayer lives (though numerically this latter has gone through a deflationary bias in recent decades, at least on the Western side). Wars mean that energy supplies must be expended, geopolitical power must be put at risk. Even via close central planning and policies of total spectrum of dominance, wars introduce elements of chance and unintended or at least poorly controlled consequences. It is a great and mighty tool in the toolbox of the ruling bodies, but ultimately a resort for special, truly deserving occasions.

The method for influencing popular opinion with the greatest ROI, great scalability (to a limit), lowest cost of entry, fewest distortions of economic systems (unless so desired, of course) and lowest ratio of unintended consequences: pure, uncut and mainlined propaganda. This of course must also be liberally applied as part of BOTH avenues above, and so remains a constant garnish (some might even say determinant) of public discourse about the performance and likeability of governments.

One of the original tomes on the topic is a surprisingly short read, and its opening and closing paragraphs may sound chilling to some:

Page 1: “THE conscious and intelligent manipulation of the organized habits and opinions of the masses is an important element in democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country.

We are governed, our minds are molded, our tastes formed, our ideas suggested, largely by men we have never heard of. This is a logical result of the way in which our democratic society is organized. Vast numbers of human beings must cooperate in this manner if they are to live together as a smoothly functioning society.

Our invisible governors are, in many cases, unaware of the identity of their fellow members in the inner cabinet.

They govern us by their qualities of natural leadership, their ability to supply needed ideas and by their key position in the social structure. Whatever attitude one chooses to take toward this condition, it remains a fact that in almost every act of our daily lives, whether in the sphere of politics or business, in our social conduct or our ethical thinking, we are dominated by the relatively small number of persons—a trifling fraction of our hundred and twenty million—who understand the mental processes and social patterns of the masses. It is they who pull the wires which control the public mind, who harness old social forces and contrive new ways to bind and guide the world.”

Last page: “Undoubtedly the public is becoming aware of the methods which are being used to mold its opinions and habits. If the public is better informed about the processes of its own life, it will be so much the more receptive to reasonable appeals to its own interests. No matter how sophisticated, how cynical the public may become about publicity methods, it must respond to the basic appeals, because it will always need food, crave amusement, long for beauty, respond to leadership.

If the public becomes more intelligent in its commercial demands, commercial firms will meet the new standards. If it becomes weary of the old methods used to persuade it to accept a given idea or commodity, its leaders will present their appeals more intelligently.

Propaganda will never die out. Intelligent men must realize that propaganda is the modern instrument by which they can fight for productive ends and help to bring order out of chaos.” Edward Bernays: Propaganda (1928)

So it is with this lengthy preamble that I present to you what it looks like when efforts to sway the populace are executed with the most stringent care taken to safeguard shareholder return on investment in deploying funds. С Днем Рождения , товарищ Путин. Happy Birthday, Comrade.

"С Днем Рождения, Президент России" - поют "ХИТрюшки"

While most of the photos below are from (aka George Malets?) -- (please take a moment to peruse the author's blog, many more can be found there), the story was also covered in Radio Free Europe, ABC News and even the WashPo -- along with any number of media outlets decrying the sheer cult of personality on display. Putinwear and iPutin at the GUM: "GUM always was and remains the greatest country’s store."

The 12 Labors of Putin and other neoclassical pop-art, as envisioned in a collection put on display by (impromptu) curator Mikhail Antonov:

Slaying the Terrrrrist of Nemea, fighting the Hydra of Western Sanctions (note the flag on the head already severed), and vanquishing the Stymphalian Birds of Syria:

Herding the SinoRussian Relations of Geryon

Taming the Cretan Bull of Crimea

But all that is really just a warm-up. Perusing the media, one may notice that lots of great impromptu events seem to have popped up across the nation. While a few folks may have had a chance to visit an art gallery near the Kremlin, presumably many more passed by this bridge in Moscow:

A huge banner depicting U.S. President Barack Obama wearing a T-shirt wishing Russia's President Vladimir Putin a happy birthday, hangs on a bridge in Moscow, October 7, 2014. CREDIT: REUTERS/NEWS AGENCY RIDUS

Not to mention these fine, spontaneous expressions of civic gratitude in cities across Russia:

Russia: These 7 cities graffitied 'THANKS' to Putin on his 62nd bday

“The graffiti on the facades of apartment buildings spell out the words: Sovereignty, Memory, Arctic, Strength, History, Safety, and Olympics. The first letters of these words (Suveritet, Pamyat', Arktika, Sila, Istoria, Besopasnost, and Olimpiada) also form the word thanks (spasibo) in Russian. Altogether they appeared on walls in Moscow, St. Petersburg, Novosibirsk, Vladivostok, Irkutsk, Kaliningrad, and Sevastopol.

The youth educational project, Net, organised the art events. “

A fanshop even opened in New York, apparently -- making the phenomenon truly global:

USA: 'Putin the Peacemaker' t-shirts go on sale in NYC

“Julius Kasinskis, owner of the 'Peacemaker Shop' (English): "It's all about the idea of people portraying Putin as a different person. And my idea of him is totally different of what I hear as common knowledge, especially in the United States. "

But the TRUE Pièce de résistance was (at least to me) truly remarkable. As a matter of fact, it was the primary reason for wasting your time with such a fluff piece of a post in the first place. I am literally left speechless, and would invite readers to propose analogies for similar celebrations that were (or SHOULD HAVE BEEN) held for imperial political leaders who so successfully and humanely pacified earlier 'tensions' in distant provinces, and brought prosperity to the grateful inhabitants of said lands.

(from Instagram account of the former anti-Russian guerilla-leader turned Head of the Chechen Republic, Ramzan Kadyrov)

100,000 People Attend Putin Birthday Parade in Grozny (more pictures here and here)

В центре Грозного прошло многотысячное шествие в честь дня рождения Владимира Путина

And there you have it, ladies and gentlemen. Birthdays are naturally occurring opportunities to fortify and enhance the popular image of beloved leaders. I, for one, gladly welcome the fact that our wise and benevolent overlords/puppets statesmen have now grown to “present their appeals more intelligently”.

“CBS White House reporter Mark Knoller is the unofficial but widely trusted chronicler of data on presidential travels and other day-to-day White House goings-on, so we turned to his calculations.

On Aug. 8, 2014, Knoller tweeted that Obama had taken 19 vacations totaling 125 days so far while in office. Those numbers have risen a bit due to the Martha’s Vineyard vacation, but that’s still many fewer than George W. Bush’s 65 combined trips to his Texas ranch and his parents’ home in Kennebunkport, Maine, which totaled 407 days at the same point in his presidency.” Tampa Bay Times - PolitiFact

“The visit to the forests of the Siberian taiga will be the first time in more than 15 years that nature-lover Mr. Putin has taken a vacation on his birthday, Kremlin spokesman Dmitry Peskov told state news agency TASS.” – WSJ

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DeaconBenjamin
Oct 9, 2014 - 1:20pm

Russia accuses U.S. of "grave violations" of nuclear treaty

MOSCOW, Oct. 9 (Xinhua) -- Russia on Thursday accused the United States of "periodical grave massive" violations of the terms of the Intermediate-Range Nuclear Forces (INF) Treaty.

"Our U.S. partners feel themselves free to interpret their obligations under the INF, and commit flagrant and massive violations of the treaty," Mikhail Ulyanov, head of the Foreign Ministry's security and disarmament department, said in an online statement.

The ministry said in August that Washington intended to deploy MK-41 launch systems that can be used for launching intermediate-range cruise missiles in Poland and Romania.

Apart from that, Ulyanov added that the U.S. used the rocket-propelled weapons during tests of its anti-missile defense system and put the first-strike unmanned flying vehicles into service.

He urged the U.S. to start a dialogue with Russia over such plans and return to the complete implementation of the treaty.

https://news.xinhuanet.com/english/euruope/2014-10/09/c_127078913.htm

So is Ulyanov related to Vladimir Lenin?

Oct 9, 2014 - 1:02pm

@MF

"The whole point is to intimate something greater without ever defining such explicitly, and making use of the fact that most bow before such mysteries by filling in the gaps with their own imaginings, so as to steer belief and action by calling to an intimate knowledge of a greater power and its wishes."

Nothing so lofty, MF. I just find Cerealman to be annoying, duplicitous, and both intellectually and factually dishonest. And he (?) will continue to get called out on that.

The approach of "let's choose to ignore the long and mounting list of cases where a small group of (generally) men have gathered and acted in secret to adversely affect the lives of millions/billions around the globe, and continue to presume that events taking place in the world are transparent, fair and merely the result of the collective actions of the entire global populace" is, IMHO a LOT more dangerous than the seeking of truth, and presumption of the POSSIBILITY of intent in some of those cases affecting many where illegality and/or immorality is not (yet) proven in a (fair) court of law. Do not deign to question the the 'official' account of events, for therein lies madness???

I don't so much mind someone sticking their own head in the sand. I DO mind someone trying to stick everyone else's head in the sand.

DeaconBenjamin
Oct 9, 2014 - 1:00pm

Fitch: Ukraine’s capital two steps away from default

The Fitch rating agency has downgraded Kiev's long-term rating, as the Ukrainian capital failed to repay its domestic million debt. The move could be classified as a “restricted default” if the city fails to settle bonds by October 10.

The rating agency cut Kiev’s long-term foreign and local currency rating to CC from CCC, and its national long-term rating to BB from BBB, the statement says.

Initially the review date for Fitch's rating of Kiev was scheduled on October 10. But after the city announced a restructuring of domestic bonds and its failure to repay the scheduled tranche of 1.125 billion hryvnia ( million) on October 6, the agency decided to issue the reassessment before the date in order "to reflect adverse deterioration in its credit profile."

Fitch considers Kiev's recent inability to honor immediate refinancing needs as materialization of significantly increased refinancing risk. The weakness of the domestic capital market puts additional pressure on the city's already distressed ability to service its debt. The city will also be refinancing its two outstanding 0 million Eurobonds and 1.9 billion hryvnia domestic bonds coming due in 2H15,” the agency said in the statement on Tuesday.

Fitch also "expects volatility in Kiev's budgetary performance due to the lower predictability of potential fiscal changes as national parliamentary elections are scheduled on 26 October 2014."

https://rt.com/business/194136-fitch-downgrades-kiev-rating/

Safety Dan
Oct 9, 2014 - 9:25am

"We're Screwed": MSM Caught on Hot Mic at White House Ebola Pres

"We're Screwed": MSM Caught on Hot Mic at White House Ebola Press Briefing

"We're Screwed": MSM Caught on Hot Mic at White House Ebola Press Briefing
Safety Dan
Oct 9, 2014 - 9:21am

W.H.O. contradicts CDC,

W.H.O. contradicts CDC, admits Ebola can spread via coughing, sneezing and by touching contaminated surfaces

NaturalNews.com · Oct 8, 2014

Wednesday, October 08, 2014
by Mike Adams, the Health Ranger

(NaturalNews) The World Health Organization has issued a bulletin which confirms what Natural News has been asserting for weeks: that Ebola can spread via indirect contact with contaminated surfaces and aerosolized droplets produced from coughing or sneezing.

"...wet and bigger droplets from a heavily infected individual, who has respiratory symptoms caused by other conditions or who vomits violently, could transmit the virus -- over a short distance -- to another nearby person," says a W.H.O. bulletin released this week. [1] "This could happen when virus-laden heavy droplets are directly propelled, by coughing or sneezing..."

That same bulletin also says, "The Ebola virus can also be transmitted indirectly, by contact with previously contaminated surfaces and objects."

In other words, the WHO just confirmed what the CDC says is impossible -- that Ebola can be acquired by touching a contaminated surface.

CDC remains in total denial, spreading dangerous disinformation about Ebola transmission vectors

This information published by the WHO directly contradicts the ridiculous claims of the CDC which continues to insist Ebola cannot spread through "indirect" means.

According to the CDC, Ebola can only spread via "direct contact," but the CDC is basing this assumption on the behavior of the Ebola outbreak from 1976 -- nearly four decades ago.

The CDC, in fact, continues to push five deadly assumptions about Ebola, endangering the lives of Americans in the process by failing to communicate accurate safety information to health professionals and the public.

Because of the CDC's lackadaisical attitude about Ebola transmission, the Dallas Ebola outbreak may have been made far worse by people walking in and out of the Ebola-contaminated Duncan apartment while wearing no protective gear whatsoever.

Because the CDC sets the standards for dealing with infectious disease in the United States, when the CDC claims Ebola can only spread via "direct contact," that causes emergency responders, Red Cross volunteers and even family members to conclude, "Then we don't even need to wear latex gloves as long as we're not touching the patient!"

Not "airborne" but can spread through the air

Both the CDC and the WHO continue to aggressively insist that Ebola is not an "airborne" disease. "Ebola virus disease is not an airborne infection," says the WHO bulletin. But that same bulletin describes the ability of Ebola to spread through the air via aerosolized droplets.

The medical definition of "airborne," it turns out, is a specific, narrow definition that defies the common understanding of the term. To most people, "airborne" means it can spread through the air, and Ebola most certainly can spread through the air when it is attached to aerosolized particles of spit, saliva, mucus, blood or other body fluids.

The CDC has now admitted there is a slight possibility of Ebola mutating to become "airborne" but says that chance is very small. [2] However, all honest virologists agree that the longer Ebola remains in circulation in West Africa, replicating among human hosts, the more chances it has to mutate into an airborne strain.

But the virus doesn't need to mutate to continue to spread. It has already proven quite capable of spreading via indirect contact in a way that all the governments of the world have been utterly unable to stop. Despite the best efforts of the CDC and WHO, Ebola continues to replicate out of control across West African nations. Even in the United States, the Dallas "patient zero" incident has reportedly caused 100 people to be monitored for possible Ebola infections.

This is why government claims that "we have this under control" are just as much hogwash as the claim that Ebola can only spread via "direct contact."

But that seems to be the default response of government to all legitimate threats: first, deny reality and misinform the public. Keep people in the dark and maybe the whole thing can be swept under the rug... at least until the mid-term elections.

Sources for this article include:
[1] https://www.who.int/mediacentre/news/ebola/06...

[2] https://thehill.com/policy/healthcare/220046-...

Motley Fool
Oct 9, 2014 - 9:08am

Alonzo

Everyone can learn something.

Such vague allusions are a trademark of the view of inherent morality, of which the most famous example is that of religion. The whole point is to intimate something greater without ever defining such explicitly, and making use of the fact that most bow before such mysteries by filling in the gaps with their own imaginings, so as to steer belief and action by calling to an intimate knowledge of a greater power and its wishes.

It is an interesting power play that most of humanity has submitted too over the ages.

erewenguy
Oct 9, 2014 - 9:04am

So far so good this morning.

So far so good this morning. No overnight beat down and metals are holding ok in the face of equities. Apparently TPTB deem that only one can win - for now.

Just another update on where yesterday's action brought us in SLV. The yellow on the upper right is the weekly channel resistance. As predicted earlier, it looks like price will hold long enough to bring the channel resistance to the 200 dMA to make that level even more difficult to penetrate.

A moderate short squeeze here will not really bring us close enough for a meaningful attack on the resistance. More time and shorts are necessary. Patience.

Nice to see that the RSI has moved into "oversold" territory, up from "burning in flames while sinking in quicksand" levels.

agNau
Oct 9, 2014 - 9:02am
ag1969
Oct 9, 2014 - 8:45am

Alonzo

"Evil triumphs when good men take their time, being skeptical, viewing that skepticism as prudent, trying to make up their mind, and being obtuse about which of hundreds of blatant tyrannical acts play out right before them, we are talking about, that might, maybe, possibly, could be, conspiracies." I forget who said that, but somebody said that.

con·spir·a·cy

kənˈspirəsē/

noun

noun: conspiracy; plural noun: conspiracies

a secret plan by a group to do something unlawful or harmful.

"a conspiracy to destroy the government"

synonyms:plot, scheme, plan, machination, ploy, trick, ruse, subterfuge;

informalracket

"a conspiracy to manipulate the results"

the action of plotting or conspiring.

"they were cleared of conspiracy to pervert the course of justice"

synonyms:plotting, collusion, intrigue, connivance, machination, collaboration;

treason

"conspiracy to commit murder"

Ponder that definition for a few moments, and if you still need a list of conspiracies to apply your painstaking skepticism to, I would be happy to provide some examples.

Did you have your "Cereal" yet this morning?

Wizard
Oct 9, 2014 - 8:06am

@Dr Jerome

"I'd like to see a list of past theories admitted to be true"

Just happen to remember running across this last night, Hope it fills the bill.

33 Conspiracy Theories That Turned Out To Be True, What Every Person Should Know…

https://www.infowars.com/33-conspiracy-theories-that-turned-out-to-be-true-what-every-person-should-know/

Just one that was interesting to say the least.

The Business Plot: In 1933, group of wealthy businessmen that allegedly included the heads of Chase Bank, GM, Goodyear, Standard Oil, the DuPont family and Senator Prescott Bush tried to recruit Marine Corps Major General Smedley Butler to lead a military coup against President FDR and install a fascist dictatorship in the United States. And yes, we’re talking about the same Prescott Bush who fathered one US President and grandfathered another one. Smedley Butler was both a patriot and a vocal FDR supporter. Apparently none of these criminal masterminds noticed that their prospective point man had actively stumped for FDR in 1932. Smedley spilled the beans to a congressional committee in 1934. Everyone he accused of being a conspirator vehemently denied it, and none of them were brought up on criminal charges. Still, the House McCormack-Dickstein Committee did at least acknowledge the existence of the conspiracy, which ended up never getting past the initial planning stages. Though many of the people who had allegedly backed the Business Plot also maintained financial ties with Nazi Germany up through America’s entry into World War II. In 1934, the Business Plot was publicly revealed by retired Marine Corps Major General Smedley Butler testifying to the McCormack-Dickstein Congressional Committee. In his testimony, Butler claimed that a group of men had approached him as part of a plot to overthrow Roosevelt in a military coup. One of the alleged plotters, Gerald MacGuire, vehemently denied any such plot. In their final report, the Congressional committee supported Butler’s allegations of the existence of the plot, but no prosecutions or further investigations followed, and the matter was mostly forgotten.

On July 17, 1932, thousands of World War I veterans converged on Washington, D.C., set up tent camps, and demanded immediate payment of bonuses due them according to the Adjusted Service Certificate Law of 1924. This “Bonus Army” was led by Walter W. Waters, a former Army sergeant. The Army was encouraged by an appearance from retired Marine Corps Major General Smedley Butler, who had considerable influence over the veterans, being one of the most popular military figures of the time. A few days after Butler’s arrival, President Herbert Hoover ordered the marchers removed, and their camps were destroyed by US Army cavalry troops under the command of General Douglas MacArthur. Butler, although a self-described Republican, responded by supporting Roosevelt in that year’s election. In a 1995 History Today article Clayton Cramer argued that the devastation of the Great Depression had caused many Americans to question the foundations of liberal democracy. “Many traditionalists, here and in Europe, toyed with the ideas of Fascism and National Socialism; many liberals dallied with Socialism and Communism.” Cramer argues that this explains why some American business leaders viewed fascism as a viable system to both preserve their interests and end the economic woes of the Depression.

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Key Economic Events Week of 7/13

7/13 11:30 ET Goon Williams speech
7/13 1:00 ET Goon Kaplan speech
7/14 8:30 ET CPI for June
7/14 2:30 ET Goon Bullard speech
7/15 8:30 ET Empire State and Import Price Idx
7/15 9:15 ET Cap Ute and Ind Prod
7/16 8:30 ET Retail Sales and Philly Fed
7/16 11:00 ET Goon Williams again
7/17 8:30 ET Housing Starts and Permits

Key Economic Events Week of 7/6

7/6 9:45 ET Markit Service PMI
7/6 10:00 ET ISM Service PMI
7/7 10:00 ET Job openings
7/9 8:30 ET Initial jobless claims
7/9 10:00 ET Wholesale inventories
7/10 8:30 ET PPI for June

Key Economic Events Week of 6/29

6/30 9:00 ET Case-Shiller home prices
6/30 9:45 ET Chicago PMI
6/30 10:00 ET Consumer Confidence
6/30 12:30 ET CGP and SSHW to Capitol Hill
7/1 8:15 ET ADP Employment
7/1 9:45 ET Markit Manu PMI
7/1 10:00 ET ISM Manu PMI
7/1 2:00 ET June FOMC minutes
7/2 8:30 ET BLSBS
7/2 10:00 ET Factory Orders

Key Economic Events Week of 6/22

6/22 8:30 ET Chicago Fed
6/22 10:00 ET Existing home sales
6/23 9:45 ET Markit flash PMIs for June
6/23 10:00 ET New home sales
6/25 8:30 ET Q1 GDP final guess
6/25 8:30 ET Durable Goods
6/26 8:30 ET Pers Inc and Spending
6/26 8:30 ET Core inflation

Key Economic Events Week of 6/15

6/16 8:30 ET Retail Sales
6/16 8:30 ET Cap Ute and Ind Prod
6/16 10:00 ET Chief Goon Powell US Senate
6/16 4:00 pm ET Goon Chlamydia speech
6/17 8:30 ET Housing Starts
6/17 12:00 ET Chief Goon Powell US House
6/18 8:30 ET Initial Jobless Claims
6/18 8:30 ET Philly Fed
6/19 8:30 ET Current Account Deficit
6/19 1:00 pm ET CGP and Mester conference

Key Economic Events Week of 6/8

6/9 10:00 ET Job openings
6/9 10:00 ET Wholesale inventories
6/10 8:30 ET CPI for May
6/10 2:00 ET FOMC Fedlines
6/10 2:30 ET CGP presser
6/11 8:30 ET Initial jobless claims
6/11 8:30 ET PPI for May
6/12 8:30 ET Import price index
6/12 10:00 ET Consumer sentiment

Key Economic Events Week of 5/25

5/26 8:30 ET Chicago Fed
5/26 10:00 ET Consumer Confidence
5/27 2:00 ET Fed Beige Book
5/28 8:30 ET Q2 GDP 2nd guess
5/28 8:30 ET Durable Goods
5/29 8:30 ET Pers Inc and Cons Spend
5/29 8:30 ET Core Inflation
5/29 9:45 ET Chicago PMI

Key Economic Events Week of 5/18

5/18 2:00 ET Goon Bostic speech
5/19 8:30 ET Housing starts
5/19 10:00 ET CGP and Mnuchin US Senate
5/20 10:00 ET Goon Bullard speech
5/20 2:00 ET April FOMC minutes
5/21 8:30 ET Philly Fed
5/21 9:45 ET Markit flash PMIs for May
5/21 10:00 ET Goon Williams speech
5/21 1:00 ET Goon Chlamydia speech
5/21 2:30 ET Chief Goon Powell speech

Key Economic Events Week of 5/11

5/11 12:00 ET Goon Bostic speech
5/11 12:30 ET Goon Evans speech
5/12 8:30 ET CPI
5/12 9:00 ET Goon Kashnkari speech
5/12 10:00 ET Goon Quarles speech
5/12 10:00 ET Goon Harker speech
5/12 5:00 ET Goon Mester speech
5/13 8:30 ET PPI
5/13 9:00 ET Chief Goon Powell speech
5/14 8:30 ET Initial jobless claims and import prices
5/14 1:00 ET Another Goon Kashnkari speech
5/14 6:00 ET Goon Kaplan speech
5/15 8:30 ET Retail Sales and Empire State index
5/15 9:15 ET Cap Ute and Ind Prod
5/15 10:00 ET Business Inventories

Key Economic Events Week of 5/4

5/4 10:00 ET Factory Orders
5/5 8:30 ET US Trade Deficit
5/5 9:45 ET Markit Service PMI
5/5 10:00 ET ISM Sevrice PMI
5/6 8:15 ET ADP jobs report
5/7 8:30 ET Productivity
5/8 8:30 ET BLSBS
5/8 10:00 ET Wholesale Inventories

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