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TFMR Podcast - Tuesday, May 14

70

It was a very positive day for the Comex PMs and the mining shares. The gains weren't unusually large but prices rallied despite the hotter than expected PPI data. This sets up a day tomorrow that has great potential if...IF...we can get a break with CPI at 8:30 ET.

But of course, it's impossible to predict what the CPI data will show. And it's not just CPI at 8:30, it's Retail Sales and the Empire Fed, too. So buckle in, look sharp and be ready for some volatility. Let's just hope it's to the UPside.

For today, these two links:

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Key Economic Events Week of 5/28

5/28 9:00 ET Case-Shiller home prices
5/28 10:00 ET Goon Kash-n-kari
5/28 10:00 ET Consumer Confidence
5/28 1:00 ET Goons Cook and Daly
5/29 1:45 ET Goon Williams
5/29 2:00 ET Beige Book
5/30 8:30 ET Jobless claims
5/30 8:30 ET Q1 GDP 2nd guess
5/30 8:30 ET Wholesale inventories
5/30 10:00 ET Pending home sales
5/30 12:00 ET Goon Williams again
5/31 8:30 ET PCE and Core PCE
5/31 8:30 ET Personal Inc and Spend
5/31 9:45 ET Chicago PMI

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