In fact Europe is closed on Easter Monday so it is a very low-volume affair and we’ll should see what sticks this week. We now have a couple of early earnings experiences however nothing Earth-shaking. Earnings experiences begin in earnest subsequent Wednesday, with JPM, GS (and that is all we have to know) together with Wells Fargo, Progressive, First Republic and Mattress Bathtub and Past – an excellent combine to start out earnings season off with.
Till then, we proceed to tread water in skinny air (there is a combined metaphor!) and we’re skinny on Fed speech this week although Powell speaks on Thursday. This morning now we have PMI, ISM and Manufacturing facility Orders, JOLTS tomorrow, Housing, Commerce and Fed Minutes Wednesday, together with Client Credit score, nothing Thursday and PPI and Inventories on Friday. Sort of boring, truly.
IN PROGRESS
