Upcoming Key Macro Events
- Spending bill deadline April 28, 2017 Republicans and Democrats agreed in late 2015 on a budget deal to increase some spending for two years to fund the government and avoid a shutdown and debt default. However Congress still needs to come up with a spending bill within those parameters by April 28
- Treasury Semiannual report on on International Economic and Exchange Rate Policies April 28, 2017
- Gov't shutdown deadline April 29, 2017
- EU summit to discuss Brexit April 29, 2017
- FOMC meets on interest rate policy May 2, 2017 – May 3, 2017
- French presidential election (run off) May 6, 2017
- South Korean special presidential election May 9, 2017
- (TENT): G7 finance ministers meet in Puglia May 15, 2017 Puglia
- OPEC meeting in Vienna May 25, 2017 Vienna Saudi Arabia has expressed support for maintaining production cuts.
- 43rd G7 Summit in Sicily, Italy May 25, 2017
- (TENT) Article 50 negotiations to begin June 1, 2017 Mrs. May’s letter will pave the way for Britain to leave by March 2019
- D-day anniversary June 4, 2017 at 3:30 pm – 4:30 pm 1944
- UK general election June 8, 2017
- 1st Round French Parliament vote June 11, 2017
- Phillippines Independence Day June 12, 2017 Does Rodrigo Duterte visit one of the disputed South China Sea islands, Pag-asa, to celebrate?
- FOMC meets on interest rate policy* June 13, 2017 – June 14, 2017 Summary of Economic Projections and a press conference by the Chair.
- 2nd Round French Parliament vote June 18, 2017
- Georgia's 6th District special runoff election June 20, 2017
- TENT: U.S. Commerce Department Trade deficit report June 30, 2017
- (TENT): Deadline for Greek debt payment (IMF review) July 1, 2017
- TENT Thaad deployed in South Korea?? July 1, 2017 South Korea??
- G20 Summit in Germany July 7, 2017 – July 8, 2017 Do Trump and Putin meet?
- TENT: 100-day trade investigation China/U.S. due July 20, 2017 During their visit at Mar-a-lago, Chinese officials instigated a “100-day plan” on trade between it and the U.S. to include “way-stations of accomplishment.”
- FOMC meets on interest rate policy July 25, 2017 – July 26, 2017
- (TENT) Xiangshan military forum August 31, 2017
- (TENT) Catalan Referendum for independence August 31, 2017
- FOMC meets on interest rate policy* September 19, 2017 – September 20, 2017 Summary of Economic Projections and a press conference by the Chair.
- German Bundestag elections September 24, 2017
- (TENT) U.S. Gov't Spending Bill due September 30, 2017
- FOMC meets on interest rate policy October 31, 2017 – November 1, 2017
- China's Singles Day November 11, 2017
- FOMC meets on interest rate policy* December 12, 2017 – December 13, 2017 Summary of Economic Projections and a press conference by the Chair.
- (TENT) Italian National Elections January 1, 2018
- Fed: Yellen's term expires February 3, 2018
- Chair Yellen's term ends (if not reappointed) February 3, 2018
- Fed: Lockhart (Centrist to slighly dovish) retires? February 28, 2018
- Fed: Fischer's term expires June 12, 2018
- Austrian general election due by Sept 2018 September 1, 2018
Category Archives: Random Thoughts
Hello cherished readership, A quick update on myself. I’m interning at Fitch Ratings for their Sovereign Ratings Group, focused on LATAM. I’m looking forward to this wonderful opportunity to build on my independent research at RCS Investments and Rational Capitalist Speculator. To … Continue reading
Today’s world is highly interconnected. The inexorable drive towards globalization; exemplified by a proliferation of international trade agreements; exponential advances in technology and resulting productivity, epitomized by internet-on-demand and seamless interconnectivity in global supply chains, a few of many examples; … Continue reading
– Monti under fire as crisis deepens – Tankan Survey Dips – Here are some bearish thoughts – Sentiment Update +- Technicals and Economic Data Ahead + Midwest Manufacturing is Booming + Manufacturing Remains Healthy —————————————
The macro picture remains ambiguous. Outperformance from the U.S economy and the prospect of worldwide loosening monetary policy remains counterbalanced with a worsening Eurozone crisis and a slowing global economy. This confluence of factors will likely yield increased volatility as … Continue reading
Overall, U.S. economic activity remains positive. The primary debate among investors centers around a possible U.S. decoupling and positive U.S. equity market performance as a result. I remain very cautious and admonish against piling bullish bets in the S&P 500.
Good Afternoon and Happy Thanksgiving, Risk markets are losing their patience. The Eurozone situation is approaching a major climax. This is by far the most important story to follow in the coming days and weeks. U.S. Economic data has been … Continue reading