A Green Morning

For the first time all week, commodity prices are in the green this morning after a mostly-tame CPI report and a surge in initial jobless claims. So as we go through the day, and again await any MENA war action, the question is whether or not things can stay in the green.

So we might as well begin with the economic data. That mostly-tame CPI was actually a tick above expectations but not so much that it freaked out the bond market. https://www.cnbc.com/2024/10/10/cpi-inflation-september-2024.html ...

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Key Economic Events Week of 10/14

10/14 3:00 ET Goon Waller leads off
10/15 8:30 ET Empire Fed
10/15 1:00 ET Goon Kugler
10/16 8:30 ET Import Price Index
10/17 8:30 ET Initial jobless claims
10/17 8:30 ET Retail Sales
10/17 9:15 ET Philly Fed
10/17 9:15 ET Cap Ute & Ind Prod
10/17 10:00 ET Business Inventories
10/18 8:30 ET Housing starts
10/18 12:10 ET Goon Waller wraps up

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