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TFMR Podcast - Wednesday, June 15

46

There were two big surprises in Chief Goon Powell's post-FOMC "press conference" today. First, Powell admitted that the FOMC is mainly just making it up as they go along and flying by the seats of their pants. And second, he wore a necktie that was not some shade of purple! What the heck?!?

By now you've probably read all about the fedlines and the 75 basis point fed funds hike. But what really moved the POSX, the S&P and the PMs? This:...

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Key Economic Events Week of 9/19

9/20 8:30 ET Housing Starts
9/21 10:00 ET Existing Home Sales
9/21 2:00 ET FOMC Fedlines
9/21 2:30 ET Chief Goon Powell
9/22 BoE and BoJ rate decisions
9/22 10:00 ET LEIII
9/23 9:45 ET Flash PMIs for Sept