Finally Friday

Well, we've finally made it to Friday of what we knew was going to be a crazy week. The start of this week's Hat Contest feels like ages ago...perhaps you should go back and check your guess to see if you have a chance at winning today. Either way, we all survived the week mostly intact and now we can see where things lead from here.

So far today, the "markets" have been dominated by a delayed reaction to Jerry. As I recorded yesterday's podcast, the POSX sold off and the PMs rallied. By last evening, however, that trend was reversing and the PMs fell back rather sharply. This...

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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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