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TFMR Podcast - Wednesday, April 28


Our purple tie-wearing little buddy crawled out from under his bridge again today to troll the mainstream financial "journalists" who, under daily deadlines, continue to promote the notion that somehow The Fed should be ready to taper or pause QE and/or raise the fed funds rate.

And man, once old CGP slammed them back and mentioned that his FOMC wasn't even discussing or thinking about a taper of QE yet, the POSX went straight down. Now there's a long way to go to Friday but at least prices recovered today so we still have a shot to finish the week with green candles.


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Key Economic Events Week of 5/3

5/3 9:45 ET Markit manu PMI
5/3 10:00 ET ISM manu PMI
5/3 10:00 ET Construction Spending
5/3 2:20 ET Chief Goon Powell
5/4 8:30 ET US Trade Deficit
5/4 8:30 ET Factory Orders
5/4 1:00 ET Goons Daly and Kashnkari
5/5 8:15 ET ADP jobs report
5/5 9:45 ET Markit service PMI
5/5 10:00 ET ISM service PMI
5/5 12:00 ET Goon Mester
5/6 8:30 ET Productivity and Labor Costs
5/6 10:00 ET Goon Kaplan
5/7 8:30 ET BLSBS

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