Sunday, June 12, 2011

Back Stage

This week offers key releases, here and abroad. From these, the kids on Wall Street will try to divine if the recent global slowing is trend or pause.

Tuesday will start us off with the Bk of Japan policy decision, China’s CPI, UK CPI, and US Retail Sales.

We know the Bk of Japan will remain generous; we know that a spike in CPI will move the Bk of China closer to another brake; same for the UK despite a sideways economy there.  Finally, we know that a very weak US Sales print Tuesday will telegraph a "paws up."
 
This is all these guys do. They're paid a zillion to tell you something you already know.

Robert Craven

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