Broader Money Relevance / Macro Events / Fracturing

A shortened Holiday Week's Macro Data Sets will provide further
information as to the "Inflation" Trade.

The Federal Reserve most closely follows PCE Data.

Wednesday will provide Direction

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Macro Data Events Week of November 22, 2021

Monday:

10:00 Existing Home Sales (MoM) (Oct)

* 3/6 Bill & 2/5 Note Auctions.


Tuesday:

08:55 Redbook (MoM) / (YoY)
09:45 Manufacturing PMI (Nov)
09:45 Services PMI (Nov)
10:00 Richmond Manufacturing Index (Nov)


Wednesday:

07:00 MBA Mortgage Applications (WoW)
07:00 MBA Purchase Index
07:00 Mortgage Market Index
07:00 Mortgage Refinance Index
08:30 Continuing Jobless Claims
08:30 Core Durable Goods Orders (MoM) (Oct)
08:30 Core PCE Prices (Q3)
08:30 Corporate Profits (QoQ) (Q3)
08:30 Durable Goods Orders (MoM) (Oct)
08:30 Durables Excluding Defense (MoM) (Oct)
08:30 GDP (QoQ) (Q3)
08:30 GDP Price Index (QoQ) (Q3)
08:30 GDP Sales (Q3)
08:30 Goods Orders Non Defense Ex Air (MoM) (Oct)
08:30 Goods Trade Balance (Oct)
08:30 Initial Jobless Claims
08:30 Jobless Claims 4-Week Avg.
08:30 PCE Prices (Q3)
08:30 Real Consumer Spending (Q3)
08:30 Retail Inventories Ex Auto (Oct)
08:30 Wholesale Inventories (MoM)
09:30 MPC Member Tenreyro Speaks

10:00 Core PCE Price Index (YoY) (Oct)
10:00 Core PCE Price Index (MoM) (Oct)

10:00 Michigan 5-Year Inflation Expectations (Nov)
10:00 Michigan Consumer Expectations (Nov)
10:00 Michigan Consumer Sentiment (Nov)
10:00 Michigan Inflation Expectations (Nov)

10:00 New Home Sales (MoM) (Oct)

10:00 ***** PCE Price index (YoY) (Oct) *****
10:00 ***** PCE price index (MoM) (Oct) *****

10:00 Personal Income (MoM) (Oct)
10:00 Personal Spending (MoM) (Oct)
10:00 Real Personal Consumption (MoM) (Oct)

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Violent Price Action Potential