Hey guys! Stocks went nowhere in light trade yesterday, futures traders see more of the same, and yours truly is in favor of what theirs truly expects. Even metals futures are seen 'unchanged' today, tho right now gold/silver are trading at just $1,074.60/$14.22. If that stuff is 'insurance' then this is what paying a premium is like.
Today's reports have (along w/ other stuff) the GDP being revised:
8:30 AM GDP - Second Estimate
8:30 AM GDP Deflator - Second Estimate
9:00 AM Case-Shiller 20-city Index
10:00 AM Consumer Confidence
I can't wait. < /s > More news to ignore:
Will the Economy Decide 2016 Election? - George Perry, RealClearMarkets
Where the Economy Is Heading: Holtz-Eakin vs. Jason Furman - WSJ
Focused on Yellen, Rep. Ryan Sets Prosperous Tone - Ralph Benko, Forbes
Giving Billions To the Big Rich - Marc Short & Andy Koenig, New York Times
A Bounty of Good Thanksgiving News - Richard Rahn, Washington Times
Can Stocks Rise on Wave of Global Liquidity? - John Kimelman, Barron's
Why Fear Is Like Sand In Gears for Investors - Joe Chidley, National Post
Ah --just remembered, check out the FR thread From Inversions To Perversions: Gov’t Reacts To The Pfizer Deal.