Inline PCE

Today's latest PCE report... The Fed's favorite inflation measure ...came in exactly at expectations earlier today. Usually, that wouldn't be such a big deal but, after the CPI surged much than expected earlier this month, having PCE come in relatively tame has actually provided a boost for the Comex precious metals.

And hey, we'll take anything we can get. Again, the key to today's PCE is that it wasn't worse/hotter than expected. https://finance.yahoo....

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Key Economic Events Week of 11/18

11/19 8:30 ET Housing Starts
11/19 12:25 ET Goon Ghoulsbee
11/20 11:00 ET Goon Cook
11/20 12:15 ET Goon Bowman
11/21 8:30 ET Jobless Claims
11/21 8:30 ET Philly Fed
11/21 10:00 ET Home Sales
11/21 10:00 ET LEIII
11/22 9:45 ET S&P flash PMIs
11/22 10:00 ET UMich final

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