CGP Surprises

Prices uncharacteristically rise on Hump-Hawk Day.

37
Wed, Jul 10, 2019 - 11:07am

In a stunning and almost unprecedented development, Chief Goon Powell unleashed a "dovish" opening statement today at his Hump-Hawk testimony. One logical conclusion is that, behind the scenes, things must be far worse than we know.

The full text of CGP's prepared remarks is below:

Powell July 2019 by on Scribd

If that's too much to handle, here's the Cliff's Notes version from ZH:...

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Key Economic Events Week of 5/25

5/26 8:30 ET Chicago Fed
5/26 10:00 ET Consumer Confidence
5/27 2:00 ET Fed Beige Book
5/28 8:30 ET Q2 GDP 2nd guess
5/28 8:30 ET Durable Goods
5/29 8:30 ET Pers Inc and Cons Spend
5/29 8:30 ET Core Inflation
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Key Economic Events Week of 5/18

5/18 2:00 ET Goon Bostic speech
5/19 8:30 ET Housing starts
5/19 10:00 ET CGP and Mnuchin US Senate
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5/21 8:30 ET Philly Fed
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5/21 10:00 ET Goon Williams speech
5/21 1:00 ET Goon Chlamydia speech
5/21 2:30 ET Chief Goon Powell speech

Key Economic Events Week of 5/11

5/11 12:00 ET Goon Bostic speech
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5/12 8:30 ET CPI
5/12 9:00 ET Goon Kashnkari speech
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5/12 5:00 ET Goon Mester speech
5/13 8:30 ET PPI
5/13 9:00 ET Chief Goon Powell speech
5/14 8:30 ET Initial jobless claims and import prices
5/14 1:00 ET Another Goon Kashnkari speech
5/14 6:00 ET Goon Kaplan speech
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Key Economic Events Week of 5/4

5/4 10:00 ET Factory Orders
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Key Economic Events Week of 4/27

4/28 8:30 ET Advance trade in goods
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4/29 2:30 ET CGP presser
4/30 8:30 ET Pers Inc and Cons Spend
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Key Economic Events Week of 4/20

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Key Economic Events Week of 3/23

3/24 9:45 ET Markit flash PMIs
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3/26 8:30 ET Weekly jobless claims
3/27 8:30 ET Personal Inc and Spending

Key Economic Events Week of 3/9

(as if these actually matter)
3/11 8:30 ET CPI
3/12 8:30 ET weekly jobless claims
3/12 8:30 ET PPI
3/13 8:30 ET Import Price Index

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