Off the Deep End

56
Wed, Jun 21, 2017 - 9:30am

I just looked at the charts here at 6am Pacific time. I shouldn't be surpised... Here, have a cup of coffee. I sure needed one.

I thought you might have friends or relatives who could use a bit of perspective--from reasonable ground that can bear scrutiny. And for this blog, I suspect this is another sermon for the choir, for most.

In late October of 2016, I foolishly posted my reasons for voting for Trump on Facebook for all my friends & family to read. They did. And they proceeded to beat the hell out of me, or stand by and watch. No doubt most thought, “Don’t know what’s wrong with that boy.” “He’s gone off the deep end”

Private conversations with a few have smoothed over some differences. Others have been silent, showing civility and restraint, but still perhaps wondering what went wrong with me. “Civility” of course is simply not telling others what you really think about them, choosing instead to focus on shared interests, like the weather. But going off the deep end can certainly lead the wrong direction—drowning in a dark pool of the unknown where things lurk, and long tentacles rise to wrap around your ankle and quickly pull you under. So I read the objections of my friends and relatives as a well-intentioned effort to help me back to rationality.

Most lakes have a slope down to the deep end—and this is one of them.

I was thirty-two years old when I started back to college in 1990 after 12 years in the electrical trade, with union membership, a solid democrat perspective on politics, and a union-inspired socialistic preference for economics. Liberal progressivism had not developed to today’s level by the time I graduated for the 3rd time ten years later. I had earned a PhD and changed careers to become a college teacher. Repulsed by the Clinton scandals and opposing the drain of our government budgets by social programs (as championed by democrats), I started voting for republicans. My socialistic views softened, giving way to a rational capitalism, although I still favor taking care of folks in a bind through job training and employment assistance. I landed a position teaching in college, earning tenure, advancing toward full professorship, beginning to publish articles in our discipline's top journals.

Then 2008 happenend.

I was not sure what exactly happened, in fact I had no clue. But I knew that 2/3 of my retirement fund was wiped out in a day and that the University began to pile more duties on my desk and stuff more students into my bulging classrooms and that teaching wasn’t fun anymore. My weight and blood pressure began to rise with my responsibility. One morning I walked into a meeting with a batch of top level university execs gathered to discuss money, and my nose began to bleed as I entered the door. I knew I had a problem. I knew it was all traceable to my stress and my employers adjustments due to the financial crisis.

I had a choice: investigate and learn something, or pretend that everything was going to go back to normal. I sensed that our previous normal was gone, so I began to ask some questions that perhaps I shouldn’t have asked…

As a member of the University’s finance committee I questioned why we had to “persuade” our 150K employees that it was OK to raise their insurance premiums and made a suggestion: “Why not stop self-insuring and purchase a group policy for 30% less per employee?” (I had done my homework). They did not like that question, scoffed, and dodged the answer in our big video conference. My face was virtually slapped and I began to realize that somebody upstairs was lining their pockets: business execs really can be unethical . My admiration for my employer had been shattered.

At the time, my uncle was president of a regional bank. He invited me up to his mountain cabin to ride 4-wheelers for a couple of days and I had the perfect opportunity to get a good explanation of what happened. I asked and he replied, “I don’t know…that kind of banking is way over my head.” I was surprised to hear that any sort of banking was over the head of a bank president. I better start studying our banking system if I really wanted to understand what happened. The answers I eventually found have disgusted me.

Finally, my wife and I were shopping in an antique store and I noticed a Walking Liberty half dollar smoothie for sale for six bucks. Damn that coin! It was my red pill.

I thought “No way ... silver has to be worth more than that.” I collected coins as a kid and knew a few things. I purchased $130 worth of the coins at that price and went home to see what they were really worth. I found a numismatic website with calculators and chortled with my delight at my successful arbitrage. But most fortuitously, that coin website had links to relevant stories that discussed precious metals.

I am a researcher at heart. Mostly, in my career, I have studied and written about methods of persuasion—the field of “Rhetoric”—third oldest profession in the world behind prostitution & priesthood, though both of those employ quite a bit of “rhetoric” to persuade & hook their customers. And I’d also taken a class in stock investing in 2007 (what a sucker) and had learned the vocabulary of the investing world in part—just enough to make sense of just enough economic articles to learn that my gut was right: something was still terribly wrong with the world financial markets and our banking systems.

I really had started off the deep end, way over my head.

I began to read voraciously, sharing startling discoveries with my wife. She began to read and study also, finding a documentary about sociopaths and how they operate in the business and political world. Wow—that documentary described some of the university administrators I had been working with. She also found a sensible documentary about 911 that asked troubling questions. With my background, I could see that the documentary presented a case, backed by solid evidence that argued (with high probability) that the standard 911 story was highly improbable.

Of course, in scientific research you cannot prove a thing to be true, only that a thing is false (falsification of a hypothesis). And that documentary proved that what I had believed, the story the mainstream news had told me, was false. One rarely enjoys certainties n this life. The world I knew was not what it seemed to be.

My wife and I were both off the deep end, trying to swim to the surface, seeking footing. Everything we believed to be true had been undermined or shattered. We both entered a crisis of faith in our government, the economy, and the future. We needed something solid and tangible to stand on.

And why was silver still so damned cheap and rising nicely up past $20 per ounce? I scoured the antique stores for 30 miles around, buying every under-priced silver coin I could find. Soon I had a couple thousand invested.

Looking for websites that discussed silver prices in depth, I stumbled across a “Watchtower” site maintained by this guy named Turd. The site was loaded with fecal-humor and some very reasonable explanations about metal price movement. So I bought more silver, started reading all the comments, following the internet links provided by the other readers, and began learning some important things about how the financial system really operates in this world. I was getting in deep! But finally I was also finding some footing, beginning in precious metals. Here is what I learned:

  1. Nearly every country in the world had established a “central bank” nearly all of which were linked together in a network belonging to the World Bank and International Monetary Fund. This banking “cartel” controls the value of “money” and answers to no elected government. Seems like some banker once said, “Let me control a nation’s money and I care not who makes it laws.” The few countries without an IMF linked central bank were either being pressured to join, invaded by US military, or demonized by the mainstream media.
  2. I learned that the currencies these central banks create is called “fiat” and is both printed on paper and created digitally with no tangible backing whatsoever. We the people simply “trust” that the money is valuable and agree to use it to settle debts. In fact, these papers are called “notes” and “legal tender” for the payment of debts. But they claim no monetary value in and of themselves. Banks have magically created this currency, freely loaning it to multiple world governments to be repaid with interest, so they can continue to borrow and run up a debt that can never be repaid, a debt that will bankrupt them if interest rates are raised back to normal.
  3. I learned (by late 2011) that the “fiat currency” exchange rates for physical silver and gold are managed and controlled, illegally, by this banking cartel, with Wall Street and other international investment banks doing most of the dirty work. The past 6 years, the price of precious metals has been capped and gradually managed lower on average. That’s why silver is so cheap! And that’s why I have bought a bunch.
  4. I learned that in 1988 Reagan, by executive order, set up the “Working Group on Financial markets” more commonly referred to as the “Plunge Protection Team” (PPT) to artificially boost the stock markets anytime they threatened to fall too far. I was taught that stock pullbacks kept markets healthy by washing out the over-zealous investors?
  5. I learned that the central banks all lowered interest rates to near zero after 08, to keep governments from becoming insolvent, and that the largest of the banks, the European Union, the Bank of Japan and the FED began “Quantitative Easing” programs to provide “liquidity” (lots and lots of cash) to bail out key institutions and keep the world economy from completely collapsing, and that they are still quietly creating more money for the same purposes.
  6. I learned that the 2008 crisis was caused by absurd lending practices in the US housing markets, loaning large amounts to high risk people (Watch the movie, The Big Short. A dark comedy but very accurate, based on real people from Wall Street). This was exacerbated by multiple illegal schemes of the big investment banks so as to profit whether the economy was doing well or poorly. It did poorly and most of the banks profited. The PPT couldn’t handle things this time.
  7. I learned that just a few bankers responsible for the crisis went to jail for their illegal investing, in contrast to the 1980 savings & loan crisis where over 1000 bankers were jailed.* Why didn’t they go to jail—especially the HSBC bankers who admitted to money laundering (in the billions) for drug cartels while James Comey was on their board of directors?
  8. I learned that political lobbying by corporations (like investment banks) has far more influence on our political systems than the desires of the voters and citizens who elect the leaders, and whom they represent.
  9. I learned that investment banks, specifically Goldman Sachs, provides a steady stream of top level leadership and cabinet members to both democrat and republican administrations. Maybe that is why Comey advanced to head the FBI?
  10. I learned that the United States has the largest military in the world and has either been at war, or as been active somewhere, bringing “democracy” since the end of WW2. In the process, we take over key resources, like Iraqi oil, and provide humongous construction contracts to insider US companies to rebuild the infrastructure our military bombs into dust.

I’ll stop with those ten revelations. But I have been reading much more about politics, the economy, and social movements,--what some would call “conspiracy theories.” Some theories are rather wild, --like the one which says that the Rothchilds and Rockefeller banking families run the whole world and occasionally make financial and territorial deals with one another, deals that require the sacrifice (death) of a family member. Really? I can’t find even one good article claiming this. And I need not mention the green lizard men aliens that live under the Denver airport—yes, these are 3rd standard deviation conspiracy theories –way out there in the deep end with little footing underneath.

That is not where we are at, though my friends in the kiddie pool think we are.

Many economic and political theories meet the solid evidence threshold to the point they have to be considered by any thinking person. Some achieve a high probability of being accurate, like the LIBOR interest rate rigging that proved to be true in court. Only one person was convicted… sounds like a scapegoat to me. Would a banker give that much control to one person over their money?

I have not heard any argument against the ten points above.

Ultimately, I have discovered that the deep end is not as deep as you think, that there is solid footing on rocks of truth where I can keep my head & shoulders above the water. I now have a very different perspective on the world than I did in 2007.

In 2007 I believed that…

  • my vote made a difference.
  • elected officials carried out the will of the people.
  • the Mideast wars were nearly over.
  • all our foreign wars and actions were necessary.
  • inflation of 2% is normal and unavoidable.
  • paying 30% of my income to banks for interest on my home, car, & other debts was necessary.
  • paying another 40% of my income for various taxes was necessary and fair (I suspect my estimate may be low, all taxes considered).
  • the economy would get better and my kids would have the same opportunities I did in 1980.

Yes, the deep end has given a perspective I could not have imagined before. My eyes are open to how the powerful entities in this world use money and influence politics—by war if necessary. And it has shown me that the world I knew in 2007 consisted of fictional stories promoted by people with an agenda through a mainstream media already shown to favor some news stories over others, and simply keep some out of the news altogether. Moreover, I became convinced that the world economies really did collapse in 2008 and have NEVER recovered, though all the QE money creation allows governments and banks to continue their business as usual—at a great cost to a future which is rapidly approaching.

Yes, I am guilty, I voted for Trump. But from my “deep end” perspective, developed before 2016, this past election, for me, was not about social agendas, or making America great. Mostly I voted against the corrupt politicians who served to put us in this economic mess and assuredly would continue to keep us on the road to central bank indebtedness and slavery.

I suspect no leader can save this Titanic of an economy. Hard times are on the way for all, except for the uber-wealthy of course who have prepared underground mansions around the world while “news” propagandists ridicule “Prepper Bob” for building a cabin in the woods with a greenhouse.

We cannot go back to the shallow end and pretend. The things we have learned to be facts, and the mechanisms by which the world economies operate, are NOT fantasies of my imagination. But we will wade about half way back, keeping our feet on these rocks back because we don’t want to drown in pessimism and hopelessness. The water does get deeper further out and it is filled with the tentacles of conspiracies—true ones as well as false—all of which can drag a person into despair. We plan to stay about half way in and simply warn people to take heed of our uncertain future and to take steps to dissolve any dependencies you may have on an economic system which has failed us.

Get out of debt. Somehow, obtain a debt free home, if possible, in a neighborhood where you will feel safe living when Detroit & Baltimore economics show up in your town. Oh, did you see in the news that the state of Illinois is bankrupt? Some services are already now being suspended? This is real shit!

Do you believe things will get better? I am all ears. Let’s hear your arguments. Build a probable case, founded on good research, facts, and presented with reasonable arguments. Convince me that everything is going to be OK, that rising healthcare costs are acceptable, that two part time jobs is as good as one full time job, that machines which replace workers will give us all a higher standard of living. I dare you!

  • When we see Congress agree on a balanced budget and stick to it, and even begin paying down the national debt like we did after WW2, I’ll rekindle my hope that we can repair our existing system without an economic collapse.
  • When we see fiat currency abolished and our money return to a standard backed by commodities (like gold), I’ll rekindle hope.
  • When we see interest rates rise to the point that your IRA will sustain you on interest alone without touching your principle, like retirees had up until 2008, I’ll rekindle hope.
  • Yes, when we see the central bank cartel dissolved, and their investment bank henchmen jailed, I’ll rekindle hope.
  • When we see our military bring all our young people home and stop being the police of the world, I’ll rekindle hope.
  • When we see the swamp drained, the lobbying industry halted, and integrity and real representation return to Congress, then I’ll rekindle hope.

We may be waiting a very long time for that rekindling.

Personally, I am not yet ready for a third world economy here in the US. If you press me to predict how long until unemployment, poverty and hard times arrive here nationwide, I’ll give us three more years. Yet for many people hard times have already arrived. But my family is closer to ready now than last year, and we are working towards being able to survive it, and also to be in a position to help others, when hard times hit my street.

And I never would have understood the times, or the challenges we face, or what could be done about it, if I’d stayed in the shallow end.

C’mon in. The water is fine. Start getting educated about economics. There is hope that citizens like us can rebuild after all the turmoil is settled, if we stay involved. But stay in the middle here on the solid rocks where we can see what is really happening in this world and let’s continue planning how we can face it together.

* Iceland is the exception, which after jailing their investment bankers have experienced the strongest economic recovery of any nation since the 08 crisis.

About the Author

  56 Comments

  Refresh
Nov 13, 2018 - 11:30am
SteveW
Jun 23, 2017 - 12:13am

Sometimes your vote could count

Great article Dr. J. I recall the Icelandic situation (in 2008/2009?) when proposals to bail out the banks would have made Icelanders debt slaves for generations. A "don't do it" online petition was circulated which I signed. I like to think that the petition might have played some small part in ultimately jailing these bankers. "The world is not as it seems". 9/11 was the wake up call for me, that government covers up but I was still economically naive until the 2008 melt down. By dumb luck I sold my Canadian Index Mutual Funds early that summer at the exact top of the market and my US ones shortly after. I was then able to pick up some bargains from late 2008 through April 2009 near the market bottom. Bought my first gold in the fall of 2009 and silver 6 months later.

OOOBuck
Jun 22, 2017 - 8:43am

Actually, there are still a lot of 'communists' in Russia

Mostly older people but also some of the younger people who like the status of being a world power. Others are understandably suspicious of the west given their experience with Yeltsin and the wholesale sellout of just about everything of value in the country. Plundered really. That couldn't have happened in old Soviet Russia.

As for the Miami Cuban element.... yes and no. Both sides are brainwashed and dedicated to their own beliefs. They've passed from generation to generation the torch of hatred and distrust. Many young islanders however, want change because they are simply tired of being poor. They have seen the way the rest of the world lives (not the areas that are burned out slums) and want a slice of the pie. Can't blame them for that... who wouldn't want to live in one of our beautiful suburbs with a $100k of transportation parked in the driveway. They on the other hand, don't even have access to the figurative lottery ticket.

But many of the older people aren't so quick to make that call. State structure insures basic needs are met. Indeed, Cuba has one of the finest medical systems in the world and everyone has an equal opportunity for education. Children don't go to bed hungry.

Meanwhile, the ex-pats are furious that their dream was stolen from them. Their families had great jobs or actually owned large tracts and enjoyed the finer things in life. They want back what they feel was stolen from their parents and grandparents. Their inheritance, if you will.

KMAC
Jun 22, 2017 - 5:54am

Bravo, hit the nail on the head again

We the readers of you're thoughts are very lucky to have you sharing this wisdom you have earned and acquired. The picture you have painted is a very scary one indeed, that is why so many people are in denial about the slippery slope we find ourselves on. None the less we are still on it, like it or not. I am 60 years old and have seen our country transformed from that day in November when JFK was removed from power. I too have had to struggle with the reality of our world and how to cope with the direction and destination we are rapidly approaching. It is plain as day to me now that I have spent the time to look behind the curtain that we are living in a fantasy world created by unelected , untrustworthy powerful people who could care less about you and me. We are just pawns in their game of power and control of the masses. What will become of this great experiment called America, I wish I knew, but I sense that the world which people like CNBS paint everyday will become a distant view in our rear view mirror soon enough. The rest of the people on this globe are fed up with our greed and exceptionalism bullshit and they are putting the finishing touches on the next phase of this world society and we the USA will not be sitting at the head of the table much longer. Thank you so much for bringing all that you do to us to help us keep our heads above the rising tides uncertainity and corruption. Cheers.

Lemming
Jun 22, 2017 - 2:48am

The Great Bear

It takes a long time change perceptions. The Russians have been the bad guys since Stalin, for the lifetime of everyone here.

Let me take it away from that for a minute however. Have you ever noticed that Cuban expats are some of the most rabid anti-communist anti-socialists on the scene? Witness Rubio and Cruze. They are also some of the hardest working, most productive immigrants we have ever seen. Now don't get me wrong here, I'm not a Cuban and have no ties of any kind to Cuba.

My perception is that most have missed what has happened in Russia. Just like Cubans, the Russians have had it with communism. The confiscation of the most productive farms in the world, the Gulag where millions were murdered, the massive shortages that went on for decades, the average Russian is absolutely done with this. Russia will not entertain any socialist ideologies for the lifetimes of those who endured it.

As Putin is handing out Bibles to all who will read them, the U.S. is becoming increasingly socialist and atheist, we have swapped roles. A majority of Americans are still Caucasians, we have our roots in the Caucasus Mountains of Russia. These people who look like us, want to raise their families in peace like us, need to be our eternal nemesis and enemy?

No, I don't expect that after decades of cold war that we will instantly become sweethearts. I'm quite sure that Russia will continue to pursue it's own best interests. Just know that things have changed and the roles have reversed. What a strange time to be alive.......

AIJDoctor J
Jun 21, 2017 - 10:23pm

Dr Jerome

I just read Jim Willie's newest newsletter and he states quite confidently that crypto currencies are here to stay and that a precious metals "related" crypto currency from China is coming and is to be a big deal.

A great question to ask Jim on the 4th ( if he is being interviewed by Turd? I know he usually is on the 4th )

Jun 21, 2017 - 8:57pm

jack3617

Um... the gold-silver backed crypto at the ABE seems like a big deal to me.

streber
Jun 21, 2017 - 8:50pm

"Economics in One Lesson" by Henry Hazlitt

Read this short book and you will easily see that mainstream economics, Keynesian economics is drivel. pdf version (free) here but always good to have a few hard copies available to give away. https://www.depts.ttu.edu/upwardbound/books/economics_in_one_lesson_hazl...

Visit the FAQ page to learn how to track your last read comment, add images, embed videos, tweets, and animated gifs, and more.

SilveryBlueAngry Chef
Jun 21, 2017 - 8:06pm

AC right on

If you are being foreclosed does it matter if it's a US bank or a chinese investor - Broke is broke right?

The whole blame it on someone else mentality is divisive and pointless, especially if there is a racial backlight to it.

BTW from a far away perspective I would vote for Trump, Putin & Xi Jinping. I think these 3 are possibly the words best chance for a turning point.

Mr Putin inherited a broken, corrupt nation. He's managed to isolate the oligarchs enough to keep the ship running & to make some advances for HIS People. They love him for that.

Mr Jinping inherited a failed state with still a lot of power. He's doing just fine & reaching out to the other good leaders trying to foster a better way for HIS people.

Mr Trump just got America on his plate. He's got a different set of characters to work around and will use different methods to isolate the really really bad people. I hope for him. 3500 pedophile arrests is not a bad start. You will be thankful to him eventually I think.

EU is broken & I can't see any upside for them at present. It makes me wonder if the reason for that is because they are closer to the heart of darkness and more tightly bound. Just my 2c

jack3617
Jun 21, 2017 - 7:57pm

Harvey Organ

Found this on Harvey Organ's site tonight. today: gold at $1245.00 so far/comex gold OI 445,000/silver comex OI 198,800 (approx) it seems that we are having in gold higher lows and close to higher lows on the OI. In silver, the comex OI is all over the board. I would like to comment on the new platform that Andrew Maguire and his cohorts have been working on for the past year. The ABX system has now completed a gold and silver backed cryptocurrency “bitcoin” and silver. It will not be necessary to “mine” these coins as the value is already behind the digital coin. Mining companies will thrive on this as the operators will give a added bonus every time the “currency” moves from one place to another having paid for goods. The mining companies by giving their metal to the ABX, the crooked banks loose valuable physical that they will never get. It would seem that holders of the 177 cryptocurrencies out there, would rather have a gold backed “bitcoin” than a non backed one. They are going live on July 5. The ABX is using the block chain technology which protects all transactions and is almost impossible to crack this one is going to be big!! here is the tape : Topic: Allocated Bullion Exchange – Investor Presentation

Subscribe or login to read all comments.

Contribute

Donate Shop

Get Your Subscriber Benefits

Private iTunes feed for all TF Metals Report podcasts, and access to Vault member forum discussions!

Key Economic Events Week of 9/14

9/15 8:30 ET Empire State and Import Price Idx
9/15 9:15 ET Cap Ute and Ind Prod
9/16 8:30 ET Retail Sales
9/16 10:00 ET Business Inventories
9/16 2:00 ET FOMC Fedlines
9/16 2:30 ET Powell Presser
9/17 8:30 ET Philly Fed
9/18 8:30 ET Current Acct Deficit

Key Economic Events Week of 9/7

9/9 10:00 ET JOLTS job openings
9/10 8:30 ET Initial jobless claims
9/10 8:30 ET PPI
9/10 10:00 ET Wholesale Inventories
9/11 8:30 ET CPI
9/11 9:45 ET Core CPI

Key Economic Events Week of 8/31

9/1 9:45 ET Markit Manu Index
9/1 10:00 ET ISM Manu Index
9/1 10:00 ET Construction Spending
9/2 8:15 ET ADP employment
9/2 10:00 ET Goon Williams
9/2 10:00 ET Factory Orders
9/3 8:30 ET Initial jobless claims
9/3 8:30 ET Trade Deficit
9/3 12:30 ET Goon Evans
9/4 8:30 ET BLSBS

Key Economic Events Week of 8/24

8/24 8:30 ET Chicago Fed Idx
8/25 10:00 ET Consumer Confidence
8/26 8:30 ET Durable Goods
8/27 8:30 ET Q2 GDP 2nd guess
8/27 9:10 ET Chief Goon Powell Jackson Hole
8/28 8:30 ET Pers Inc and Consumer Spend
8/28 8:30 ET Core Inflation
8/28 9:45 ET Chicago PMI

Key Economic Events Week of 8/17

8/17 8:30 ET Empire State Manu Idx
8/17 Noon ET Goon Bostic
8/18 8:30 ET Housing Starts
8/19 2:00 pm ET July FOMC minutes
8/20 8:30 ET Jobless claims
8/20 8:30 ET Philly Fed
8/20 10:00 ET LEIII
8/21 9:45 ET Markit flash PMIs July

Key Economic Events Week of 8/10

8/10 10:00 ET Job openings
8/11 8:30 ET Producer Price Idx
8/12 8:30 ET Consumer Price Idx
8/13 8:30 ET Initial jobless claims
8/13 8:30 ET Import Price Idx
8/14 8:30 ET Retail Sales
8/14 8:30 ET Productivity & Unit Labor Costs
8/14 8:30 ET Cap Ute and Ind Prod
8/14 10:00 ET Business Inventories

Key Economic Events Week of 8/3

8/3 9:45 ET Markit Manu PMI July
8/3 10:00 ET ISM Manu PMI July
8/3 10:00 ET Construction Spending
8/4 10:00 ET Factory Orders
8/5 8:15 ET ADP employment July
8/5 9:45 ET Markit Service PMI
8/5 10:00 ET ISM Service PMI
8/6 8:30 ET Initial jobless claims
8/7 8:30 ET BLSBS for July
8/7 10:00 ET Wholesale Inventories

Key Economic Events Week of 7/27

7/27 8:30 ET Durable Goods
7/28 9:00 ET Case-Shiller home prices
7/29 8:30 ET Advance trade in goods
7/29 2:00 ET FOMC Fedlines
7/29 2:30 ET CGP presser
7/30 8:30 ET Q2 GDP first guess
7/31 8:30 ET Personal Income and Spending
7/31 8:30 ET Core inflation
7/31 9:45 ET Chicago PMI

Key Economic Events Week of 7/20

7/21 8:30 ET Chicago Fed
7/21 2:00 ET Senate vote on Judy Shelton
7/22 10:00 ET Existing home sales
7/23 8:30 ET Jobless claims
7/23 10:00 ET Leading Economic Indicators
7/24 9:45 ET Markit flash PMIs for July

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

Recent Comments

by GoldHermit, 40 min 53 sec ago
by Clarkii Stomias, 49 min 57 sec ago
by Turd Ferguson, 56 min 46 sec ago
by GoldHermit, 1 hour 11 min ago
by Lucysadie, 1 hour 26 min ago

Forum Discussion