Well, Here We Go...

Friday's hunch is playing out in real time today.

27
Mon, May 13, 2019 - 10:32am

We began Friday's morning update with this:

"Call it a hunch. Maybe call it a premonition. However, next week looks to be a very interesting period of time so let's assess the situation today and begin to prepare."

It certainly appears that my hunch was accurate. Trump's Tariffs kicked in on Friday and today the Chinese announced some reciprocal tariffs and added some official speculation that they may dump some treasuries, too. Summary here: ...

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Key Economic Events Week of 5/20

5/20 7:00 pm ET CGP speech
5/21 10:00 ET Existing Home Sales
5/22 2:00 ET FOMC minutes
5/23 9:45 ET Markit PMIs
5/24 8:30 ET Durable Goods

Key Economic Events Week of 5/13

TWELVE Goon speeches through the week
5/14 8:30 ET Import Price Index
5/15 8:30 ET Retail Sales and Empire State Manu. Idx.
5/15 9:15 ET Cap. Ute. and Ind. Prod.
5/15 10:00 ET Business Inventories
5/16 10:00 ET Housing Starts and Philly Fed
5/17 10:00 ET Consumer Sentiment

Key Economic Events Week of 5/6

5/9 8:30 ET US Trade Deficit
5/9 8:30 ET Producer Price Index (PPI)
5/9 10:00 ET Wholesale Inventories
5/10 8:30 ET Consumer Price Index (CPI)