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TFMR Podcast - Tuesday, November 30

50

In another crazy, frustrating day of trading, almost everything with a bid was sold today with the exception of longer term treasuries, which rallied again on fears of a Fed "policy error" and future deflation.

You and I both know how nonsensical those fears are but that makes zero difference in the grand scheme of things. Chief Goon Powell can wave off the "transitory" BS while making verbal moves toward faster tapering and the result is an all-encompassing sea of red.

It's time to retire the word transitory on describing...

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Key Economic Events Week of 8/8

8/8 11:00 ET NY Fed Inflation Exp.
8/9 8:30 ET Unit Labor Costs
8/10 8:30 ET CPI
8/11 8:30 ET PPI
8/12 8:30 ET Import Price Index
8/13 10:00 ET UMich Consumer Sentiment
8/13 10:00 ET UMich Inflation Exp.

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