Think about this perfect storm: You can expect data this week on homes, jobs, the FOMC, and even consumer credit. A ton to go through, and all on the heels of Friday's abysmal session in the markets. Not to mention that now we have a CIT bankruptcy filing to deal with.
Other than playing for the Yankees, this is the most exciting industry on the planet!
I'll post another write-up on the week's economic events. For now, take a look at the Overseas Boxscore:
Shanghai: +2.70%
Straits Times: -0.22%
Hang Seng: -0.61%
Kospi: -1.37%
Nikkei: -2.31%
More later.
Talk to you,
Todd M. Schoenberger, Managing Director
LandColt Trading, LLC
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