2 Weeks Worth of Economic Data Coming At Your Face
Existing Homes Sales
Non Farm Payroll
That is what we have to look forward to in the next couple of days.
The beauty of the shutdown is that we have now postponed the Taper and extended the Dow and the S&P’s runs. More importantly, the troubles of the markets have been forgotten and EM back to darlings again.
With the flood of data coming and time to analyse the information published in the past weeks instead of watching CNBC for the next congressman to speak, the chances of going back to the QE carry world is sorely tempting and should be rewarding.
For the next 3 months at least, till the next US 2 week paid holiday for furloughed employees.