The Sum Of All Fears

For eight years, we've feared this day was coming and now here we are. As passengers on this journey, all we can do is hold on tight and pray in the hope that, in time, cooler heads will prevail.

In the days ahead, we'll know more about the long-term impacts of what was begun last evening. Will the US/EU move to block Russia's access to SWIFT? Will China and Russia then move to offer an alternative? Can the military action remained confined to Ukraine?

So many questions but none of them are answerable as I type this morning. My entire life has been lived under the...

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Key Economic Events Week of 12/16

12/16 8:30 ET Empire Fed
12/16 9:45 ET S&P flash PMIs
12/17 8:30 ET Retail Sales
12/17 9:15 ET Cap Ute & Ind Prod
12/18 8:30 ET Housing Starts
12/18 2:00 ET FOMC Fedlines
12/18 2:30 ET Jerry presser
12/19 8:30 ET Jobless Claims
12/19 8:30 ET Q3 GDP final guess
12/19 8:30 ET Philly Fed
12/19 10:00 ET LEIII
12/20 8:30 ET PCE and Core PCE
12/20 8:30 ET Personal Inc & Spend
12/20 10:00 ET UMich Dec sentiment

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