Sell The Rumor, Buy The News (Part II)

Fri, Aug 26, 2016 - 10:48am

Once again, the "markets" awaited the utterances of a Fed Goon. This time it was Mother Fellen, herself, making her speech in Jackson Hole. And what did she say? More of the same old nonsense with a message designed to spark the desired "market" reaction...truth and accountability be damned. At least, for all of us at TFMR, we were prepared for what was to come next.

About the Author

turd [at] tfmetalsreport [dot] com ()

140 Comments on Sell The Rumor, Buy The News (Part II)

Subscribe or login to read all comments.

Become a gold member and subscribe to Turd's Vault


Donate  Shop

Get Your Subscriber Benefits

Exclusive discount for silver purchases, and a private iTunes feed for TF Metals Report podcasts!

Key Economic Events week of 12/10

12/11 8:30 ET Producer Price Index
12/12 8:30 ET Consumer Price Index
12/13 8:30 ET Import Price Index
12/14 8:30 ET Retail Sales
12/14 9:15 ET Industrial Prod. and Cap. Utilization
12/14 10:00 ET Business Inventories

Key Economic Events week of 11/26

11/27 9:00 ET Case-Schiller home prices
11/27 10:00 ET Consumer Confidence
11/28 8:30 ET Q3 GDP 2nd guess
11/28 10:00 ET New home sales
11/29 8:30 ET Personal Income and Spending
11/29 10:00 ET Pending home sales
11/29 2:00 ET November FOMC minutes

Key Economic Events week of 11/19

11/20 8:30 ET Housing Starts
11/21 8:30 ET Durable Goods
11/21 10:00 ET UMich Sentiment
11/21 10:00 ET LEIII
11/21 10:00 ET Existing Home Sales