Awaiting CGP

It's going to be a busy day.

Wed, Sep 18, 2019 - 10:35am

Chief Goon Powell takes center stage today, faced with economic crosscurrents and a sudden and growing liquidity crisis. While we expect a 25 basis point fed funds cut and lots of talk about being "neutral", no one really knows anything for certain...other than that he'll be wearing a purple necktie.

First of all, thank you for your patience yesterday as I was called out of town on a family matter. By the time I was back to Turdfork, exhaustion had me resigned from creating a podcast. However, as I was reviewing some of the JPM coverage, I found something so jaw-droppingly...

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Key Economic Events Week of 6/27

6/27 8:30 ET Durable Goods
6/27 1:25 ET Jul22 Silver option expiry
6/27 10:00 ET Pending home sales
6/28 10:00 ET Consumer Confidence
6/28 10:00 ET Richmond Fed
6/28 12:30 ET Goon Daly
6/29 8:30 ET Q1 GDP final guess
6/29 9:00 ET Chief Goon Powell
6/29 11:30 ET Goon Mester
6/29 1:00 ET Goon Bullard
6/29 1:25 ET Jul22 Silver off board
6/30 8:30 ET PCE and Core PCE
6/30 8:30 ET Pers Inc and Cons Spend
6/30 9:45 ET Chicago PMI
7/1 9:45 ET S&P Manu PMI
7/1 10:00 ET ISM Manu PMI

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