An absolutely dreadful news day leaves Turd reticent and reflective. The primary point of this podcast? All markets are now so thoroughly controlled by HFT computers, which are in turn directed by central banks, that there are no actual "markets" left. The conflagration, when it comes, will be devastating and only those with physical metal have a chance at financial survival.
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Key Economic Events Week of 1/14
1/15 8:30 am ET Producer Price Index
1/15 8:30 am ET Empire State Mfg. Index
1/16 8:30 am ET Retail Sales
1/16 8:30 am ET Import Price Index
1/17 8:30 am ET Housing Starts
1/17 8:30 am ET Philly Fed
1/18 9:15 am ET Capacity Utilization and Ind. Prod.
Key Economic Events Week of 1/7
1/7 10:00 ET ISM Services Index
1/7 10:00 ET Factory Orders
1/9 2:00 ET December FOMC minutes
1/10 Speeches from CGP, Goons Bullard and Evans
1/11 8:30 ET CPI
Key Economic Events Week of 12/31
1/2 9:45 am ET Markit Manu PMI
1/3 10:00 am ET ISM Manu Index
1/4 8:30 am ET BLSBS
1/4 9:45 am ET Markit Serv PMI