Chris Powell once famously quipped, "there are no markets, just interventions". The problem for The Fed is, the "markets" they've created are rapidly moving against them. Will they intervene to stem the tide? More importantly, can they?
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Key Economic Events Week of 4/22
4/23 9:45 ET S&P flash PMIs
4/23 10:00 ET New home sales
4/24 8:30 ET Durable Goods
4/25 8:30 ET Q1 GDP first guess
4/25 10:00 ET Pending home sales
4/26 8:30 ET PCE and Core PCE
4/26 8:30 ET Personal Inc & Spend
4/26 10:00 ET April UMich
