Things you need to know Stocks continue to churn lower Joey is set to CANCEL $10k worth of student debt – Progressive want MORE Oil rallies on the back of the Saudi statements & Nat Gas spikes higher Countdown to Friday – JJ’s appearance at Jackson Hole Try the Beef Tenderloins Eco data yesterday revealed a weakening economy…..……US Services PMI …
Stocks Hit a Landmine, JJ is in the Spotlight – Try the Charred Sweet Corn Salad
Things you need to know Stocks hit a landmine and collapsed by more than 2% Speculation building about what JJ is going to say on Friday OPEC suggests that they are ready to defend the price of oil Europe gets hit with another oil disruption as Vlad prepares to shut down Nord Stream 1 (Nat gas pipeline). Try the Charred …
Investors Reconsider What the Next FED Move Is – Try the Pasta Fresca
Things you need to know Investors reconsider the data and the FED commentary Stocks come under pressure on Friday and again today Lots of economic data this week along with the FED boondoggle Dollar up, gold and oil lower, treasuries inverted Try the Pasta Fresca Stocks came under pressure on Friday as the week ended…..the reality of continued aggressive rate …
No Eco Data Today, Stocks in retreat – Try the Halibut w/lemon, butter & capers
Things you need to know Macro data mixed, housing under continued pressure Treasury yields down – curve remains inverted Oil up 6% in one week – lower prices driving renewed demand? 4 FED members opine on the next move – is it all smoke and mirrors? Try the Pan Seared Halibut w/butter, lemon & capers Initial Jobless Claims come …
Retail sector was HOT, HOT, HOT…FED Mins Due – Try the Roasted Tomato Risotto
Things you need to know WMT & HD beat, investors go crazy for retail Oil and gold churn, Treasury yields rise Housing starts decline by 9% – reiterating the trend Capacity Utilization is pushing inflation FOMC mins due out at 2 pm Try the Roasted Tomato Risotto Housing starts collapse…down 9.1% vs. the expected -2.1% (recall that the NAHB index …
Retailers UNITE! Housing Under Pressure, Stocks Up – Try the Benevento Pork Chop
Things you need to know Stocks notch another good day, this morning they are churning Oil and gold lower, Treasury Yields higher, Curve inverted (still) WMT and HD due out pre-open…. more tomorrow and Thursday FOMC tomorrow – will they suggest a pivot? Try the Pork Chops Benevento Style Stocks were lower in the early hours (pre-mkt) on Monday – …
Big Retail Week, FOMC Mins Due on Wednesday – Try the Mahi Mahi
Things you need to know Investors embrace the ‘no recession’ story and take stocks higher Treasuries remain inverted pointing to ‘a recession’ Gold waffles between maybe it is or maybe it isn’t Oil under pressure as Saudi Aramco hints at upping production Big week for the retailers – will it be Christmas in September? Try the Parmegiana Crusted Mahi Mahi …
PPI Declines, Walgreen’s Offer’s big Sign-On Bonus – Try the Maple/Bourbon Rib-Eye
Things you need to know PPI weaker than expected – Is Inflation dead? Not so fast San Fran Mary Daly -says inflation is too damn high Treasury yields rise – Oil rises, Gold remains steady at trendline Retail Earnings out next week – Consumer is in the spotlight Try the Maple/Bourbon Ribeye Marinade *** Here is the Barstool Sports – …
CPI Cools, Joey says we have 0 Inflation – Try the Stuffed Chicken Breasts
Things you need to know CPI cools – Joey tells us that we have 0 inflation Stocks smash thru the 4200-century mark like a hot knife thru butta Talk of a FED pivot is all the rage on REDDIT Evans and Kashkari say – ‘Not so fast Big Boy’ Oil rallies on demand guidance – $100.80 is resistance Try the …
MU Joins In…Warns of Slowing Demand – Try the Green Pea Pesto
Things you need to know MU joins the semi crowd warning of slowing demand CPI is due out at 8:30 – investors on the edge of their seats Treasuries remain inverted, Oil is a bit lower, and Gold is holding steady 2 FED speeches today…. listen closely to what they say Try the Green Pea Pesto Stocks fell – for …