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TFMR Podcast - Tuesday, June 1

60

What began as a fine day turned dark and gloomy as relentless selling pressure erased early gains in both CDG and CDS. Unfortunately, we can probably expect more of this heavy-handed price action this week as we move through an assortment of economic datapoints and Fed Goon appearances.

But it is what it is. This month still promises to be exciting and where we are on June 1 is in no way related to where we will be on June 30. So for today, just a recap the day's frustrating events and then a look at these charts....

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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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