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TFMR Podcast - Wednesday, March 17


The Comex metals rose sharply today as the FOMC Fedlines revealed jack-squat about YCC but firmly reiterated no change to QE∞ or fed funds policy.

And that's nice. But we can give all of these gains back tomorrow if the bond market resumes selling off and/or the POSX reverses today's losses. So look sharp out there and don't take anything for granted regarding where we might go from here in the short-term.

For today, just a reposting of this link from this morning as well as a FOMC summary from ZH:

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Key Economic Events Week of 9/20

9/21 8:30 ET Housing Starts
9/22 8:30 ET Existing Home Sales
9/22 2:00 ET FOMC Fedlines
9/22 2:30 ET Chief Goon Powell
9/23 9:45 ET Flash PMIs for September
9/24 8:45 ET Goon Mester
9/24 10:00 ET Chief Goon Powell
9/24 10:00 ET Goon George

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