Housekeeping: Good Morning
Featured Analysis:
Druckenmiller Says: “Let The Bond Market Speak”
Stanley Druckenmiller warns that Treasury’s expanded bond buybacks are suppressing the market’s fiscal warning, risking an open-ended yield-control policy that delays reform and damages US credibility.
In Other News:
Data on Deck:
Monday, Aug. 24
No events scheduled
Tuesday, Aug. 25
9:00 AMS&P Cotality Case-Shiller Home Px IndexJun.--0.9%
10:00 AMNew Home SalesJul.--628K
10:00 AMConference Bd - Consumer ConfidenceAug.--90.8
Wednesday, Aug. 26
8:30 AMDurable GoodsJul.--0.3%
8:30 AM2nd estimate GDP2Q--1.5%
8:30 AMPersonal Income, M/M%Jul.--0.2%
8:30 AMConsumer Spending, M/M%Jul.--0.3%
8:30 AMPCE Price Idx, M/M%Jul.---0.1%
8:30 AMPCE Price Idx, Y/Y%Jul.--3.7%
8:30 AMPCE Core Price Idx, M/M%Jul.--0.1%
8:30 AMPCE Core Price Idx, Y/Y%Jul.--3.3%
Thursday, Aug. 27- Jackson Hole Starts
8:30 AMWeekly Jobless ClaimsAug. 22--206K
8:30 AMAdvance U.S. Trade Balance in GoodsJul.---101.5B
8:30 AMWholesale InventoriesJul.--0.3%
8:30 AMRetail InventoriesJul.--0%
11:00 AMKansas City Fed SurveyAug.--17
Friday, Aug. 28
9:45 AMChicago Business Barometer - ISM-Chicago Business Survey - Chicago PMIAug.--57.6
10:00 AMU. Michigan Final Consumer SurveyAug.--55.2
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