Good morning! Here we thought yesterday that stocks were about to crash and then they end up w/ a tidy little advance in rising volume. It's not that we don't know anything, in fact we just learned that the markets are becoming flaky. Meanwhile metals are strong w/ silver now at highs ($16.10) not seen since June last year.
Yuge pile of econ stats coming out today:
7:00 AM MBA Mortgage Index
8:30 AM Core PPI
8:30 AM PPI
8:30 AM Retail Sales
8:30 AM Retail Sales ex-auto
8:30 AM Core PPI
8:30 AM Retail Sales
8:30 AM Retail Sales ex-auto
10:00 AM Business Inventories
10:30 AM Crude Inventories
2:00 PM Fed's Beige Book
--and our pundits have been busy too...
Divorce Can Push Retirees Into the Red - Rodney Brooks, Washington Post
The Dignity of Free Trade - Donald Boudreaux, Pittsburgh Tribune-Review
This Billionaire Just Bulldozed Jersey Tax Base - Chris Matthews, Fortune
As Tax Day Approaches, We Can Do Better - Alex Brill, RealClearMarkets
Panama Exposes Shell Companies Right In U.S. - Shima Baughman, TNR
Panama Papers' Russian Mob Connection - Michael Weiss, The Daily Beast
This Problem Could Push Much of U.S. Into Bankruptcy - Editorial, IBD
The Dire State of Global Economy In Six Charts - Szu Ping Chan, Telegraph