Hi Folks.
I woke up this morning to the news a bunch of senators caved overnight and voted to reopen the US Government.
As of this morning there is no noticeable change to the FF calendar, but I expect those changes to begin almost immediately.
I won't be re-writing this week's forecast, but I will send out updates as they appear, in an effort to stay ahead of the flood of data I expect to begin flowing almost immediately.
But I do believe we will likely see the CPI on Thursday and PPI/Retail Sales numbers on Friday move from Tentative to their actual release times of 8:30 a.m. my time on both days.
Call it an edumacated guess.
I do not know how long it will take for the "Open For Business" sign to show up in DC windows, and if there is one group of people with the innate ability to screw up a sure thing, it's that group of people in Congress. But assuming all goes well, I'm guessing by the end of the week things will be back to normal.
Fingers crossed.
Jeff |