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TFMR Podcast - Monday, December 12

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The stage is set for an eventful four days ahead. We attempt to prepare for the expected volatility but you're going to hear a lot of "we'll just have to wait and see" and "no one knows for sure" in this podcast.

But there were a few things to discuss today, most notable the latest U.S. monthly budget deficit. I'm old enough to remember when $250B was the ANNUAL deficit and it was alleged to be a crisis of fiscal irresponsibility. Now it's $250B in a MONTH and no one cares. Be sure to note, too, that tax receipts are down 10% YoY, which is a sure sign of a faltering economy....

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Key Economic Events Week of 11/27

11/27 10:00 ET New Home Sales
11/28 9:00 ET Case-Shiller home prices
11/28 10:00 ET Consumer Confidence
11/28 10:00 ET Goon Waller
11/28 10:00 ET Goon Ghoulsbee
11/28 10:45 ET Goon Bowman
11/29 8:30 ET Q3 GDP second guess
11/29 1:45 ET Goon Mester
11/29 2:00 ET Beige Book
11/30 8:30 ET PCE and Core PCE
11/30 8:30 ET Personal Inc and Spend
11/30 9:05 ET Goon Williams
11/30 9:45 ET Chicago PMI
12/1 9:45 ET S&P Manu PMI
12/1 10:00 ET ISM Manu PMI
12/1 10:00 ET Goon Ghoulsbee
12/1 11:00 ET Chief Goon Powell

Forum Discussion

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