Wednesday

CPI Preview, Fed Preview

“Fed Day is a Wall Street Ceremony where Bull Monkeys and Bear Monkeys sacrifice their Option Premium as Tribute to the Market Gods"

- Le Shrub, from "Reminiscences of a Shrub Operator"

I can’t believe we are here again. After the analysis of the Jobs Report, the last thing I want is to go through an Inflation Report and a Fed Meeting, both on the same day. On a Wednesday. Dammit. But the job must be done. Who is left to expose this nonsense anyway?