Hot Air to Fly With - For the Coming Week
Its not my "Hot Air" it is what the U.S. Government will present and publish. It is what the Financial Media will further distort and mis-lead. It is what financial bloggers will write about.
So, here is what is on the hot air tap for this coming week:
* Well it is Earnings Season and the Earnings and Revenues will be posted daily. How to write an article about this data is far beyond my intellectual capacity.
* Everyone is playing the Recession Odds Game. Understand that "Data" can support anything the analyst wants to make of it. Suffice it to say the U.S. Economy is in "DEEP PUCKY." There is reasonable correlation between Recessions and Bear Markets. I'm pretty good at Forecasting both!
FOMC on (Wednesday) will talk more about "tapering."
Employment, you already know my feelings about that subject as an Indicator. (Friday)
Un-Employment, some good stuff to work with on (Thursday).
Home Prices on (Tuesday).
The GDP on (Wednesday).
This abbreviated list should keep you busy. But remember there is always too much Hot Air!