Today's Economic Data Docket - Trade And Budget Deficits, Fed Speeches Galore, New POMO Schedule

Tyler Durden's picture

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Ray1968's picture

Higher commmodity prices = more economic activity = increased GDP.

POMO goes right to the bottom line = increased GDP

BULLISH! What's our new target for the Russel 2K?

topcallingtroll's picture

How about down five percent, a major correction, in the next two months.

A bear market nowdays is down 7 percent. A catastrophe.

plocequ1's picture

More POMO? Rally on. It cant be that bad. Fuck math, Its boring. Adam Smith is full of shit

Ray1968's picture

I'm hoping so. I'm tired of my SPX and SPY puts expiring. Gets costly after a while!

TexDenim's picture

The POMO schedule is interesting right now because we're in the final stretch. And the markets are showing it. I see an ocean of red ink on my monitor right now. The easy money is about to be cut.

blindfaith's picture

Oh Ben will come to the rescue, he is likely to be the hexd head of FridoLay.... ' Dorittos, eat one we'll make more'.  Need cash, we'll print more.

topcallingtroll's picture

If the fedspeak confuses us into a deflationary scare that is good enough for me. Real or imagined deflation is fine because i am waiting.for a dip mostly in cash.

lolmao500's picture

Debt ceiling reached early next week...

duncecap rack's picture

Is there some sort of conclusion to the position limits issue expected today?

overmedicatedundersexed's picture

Erin burnett girl economy reporter tells us all that we can relax: "Near the end of the segment, Burnett remarked that the United States is "...a very wealthy country. If you look at our assets, we could pay down the debt tomorrow. We choose to borrow because we can borrow at incredibly low interest rates." By "assets," Burnett seemed to be referring to the income of all Americans (unless she plans to auction off the Statue of Liberty to pay our bills)."

ZippyBananaPants's picture

I saw her say that too, and wondered how such an idiot can make it on tv?  She gave Cramer a look like 'I will blow you again later today if you can follow up on that, and not make me look so stupid'. 

dcb's picture

She is very hot though!!!

come on she is a corporate media voice and reads what is written for her from the ministry of propaganda.

dcb's picture

Hey tyler how about some links so we can pehaps watch hoenig ( I'd vote for him for president by the way).

 

Or some links so we can watch the fed guys talk. It's just all theater.Honestly I don't think there is an official I actually listen to anymore. But the talks aren't for us they are for the other liars among them. Gotta keep up the illusion (LOL)