[expat_panama]

An exiting new day campers!   Not only do we see both the S&P and the NASDAQ crash their 50-day moving averages in soaring volume, but gold'n'silver have fallen to $1,198.10 and $15.94 respectively.   OK, this morning's futures see a bit of a respite with metals back up +0.18 and stock indexes up +0.47% but we've been hearing lots of wonderful promises in the morning but we have to wonder if she'll still respect us at afterwards.  Adding to the soap-opera drama today we're getting these announcements:

MBA Mortgage Index
CPI
Core CPI
Current Account Balance
Crude Inventories
FOMC Rate Decision

Related threads:

• Mercedes-Benz reportedly weighing move to Atlanta from Montvale (NJ)
• Russian Ruble Crashes to World's Worst-Performing Currency
• WTI Crude Craters To $55 Handle, High-Yield Credit Crashing-er
• Industrial Production Explodes In November

[abb]

Gekko: “She’s at night beside your bed watching you, with one eye open. Money is a bitch that never sleeps. She is jealous, and if you do not pay attention, you’ll wake up and she’s gone”.

[Wyatt's Torch]

FDX missed top and bottom line. Reiterated guidance though.

CPI -0.3% (exp -0.1%)
Core (ex food and energy +0.1% met expectations)