Good morning & welcome to another "wild ride" w/ falling stock'n'metal futures (-0.33% and -0.23%). This after yesterday's upbeat futures ended in a selloff --my wife asked if today's futures mean soaring stocks and after thinking is that the only thing we really know for sure is that nobody knows anything. I think. At least we got these this morning:
CPI
Core CPI
Industrial Production
Capacity Utilization
Mich Sentiment
Net Long-Term TIC Flows
--and these FR threads:
- ECONOMIC DEATH SPIRAL
- Get Ready For The Worst Inflation Number In 6 Years
- Dreams from Obama
- One Of The Best Predictors Of Recessions Is Rapidly Approaching The Here-Comes-A-Recession Level
- Wall Street Just Got Exactly What It Wished For, But It Wasn't Ready For It