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TFMR Podcast - Thursday, December 30

61

The penultimate trading day of 2021 brought a pleasant surprise of a decent rally as both CDG again found support and bounced intraday. Now the question becomes...Can they hold these gains and extend on Friday and, in doing so, provide some momentum into the new year?

Of course, the key will be the bond market and the POSX. Both provided some help today but will they do so again tomorrow? I think so...but we'll have to wait to see. So for today, a discussion of the action heading into Friday and the levels to watch into the weekly, monthly, quarterly and yearly close....

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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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