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TFMR Podcast - Monday, August 5

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It was a crazy day but now we wait to see what happens tomorrow! And what happens the day after that and then on Thursday? The only thing we know for certain is that the next weekly close is about 96 hours away and just about anything might happen between now and then.

So, for today, how to make sense of it all? It feels like "risk assets" might bounce back tomorrow but who's to say how geopolitics and a hot war in the MENA might impact things? In short, it's all CrazyTown at this point...at a time when we're usually taking about dog days and doldrums.

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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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