Well, That Was Stressful

I went to bed last night not knowing the kind of world I would wake up to. As it turns out, we got the best possible solution. The MENA situation is not as bad as I'd feared yet Comex gold is up, regardless.

This doesn't mean that it's time to relax. By no means. As discussed in yesterday's podcast, it really doesn't matter much which side is actually responsible for the destruction at the hospital yesterday. The initial reaction placed all of the blame on Israel and now, even if there's an abundance of evidence that seems to show that it was a failed Palestinian rocket, instead...

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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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