Moving Day

79
Fri, Oct 19, 2018 - 10:39am

As the final glitches get worked out on the site transition, just this quick post and update.

Let's begin with the "stock market". It's the 31st anniversary of the 1987 crash and it appears that TPTB are working to ensure that no hint of any such event occurs today. Regardless of yesterday's decline, things are right back to being sunny and happy today. However, here's the fly-in-the-ointment and/or wrench-in-the-works...

Recall back in late January and early February that every time the 10-year note yield approached 2.90%, the "stock market" would collapse. At the time...

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Key Economic Events Week of 1/21

1/22 10:00 ET Existing Home Sales
1/24 9:45 ET Markit Manu and Svc PMI
1/24 10:00 ET Leading Econ Indicators
1/25 8:30 ET Durable Goods
1/25 10:00 ET New Home Sales

Key Economic Events Week of 1/14

1/15 8:30 am ET Producer Price Index
1/15 8:30 am ET Empire State Mfg. Index
1/16 8:30 am ET Retail Sales
1/16 8:30 am ET Import Price Index
1/17 8:30 am ET Housing Starts
1/17 8:30 am ET Philly Fed
1/18 9:15 am ET Capacity Utilization and Ind. Prod.

Key Economic Events Week of 1/7

1/7 10:00 ET ISM Services Index
1/7 10:00 ET Factory Orders
1/9 2:00 ET December FOMC minutes 
1/10 Speeches from CGP, Goons Bullard and Evans
1/11 8:30 ET CPI

randomness