SPECULATON. UNCERTIANINTY. ASSUMPTION.
All words have seemingly taken over the markets as no one really has a clue to where we are headed. Robert Ashby wrote a great article this week that talks about the foolishness of predictions that really influenced bonds pricing last week.
We have arrived at a point to where have so many reports that influence our market, it's become a playground for the ill-informed.
All though a number of different report influence the bond market here are a few that hold the most weight.
1. CPI report (consumer price index)
3. Retail Sales
4. Unemployment
These 5 will really give a breakdown as to where bonds will move. Pay close attention at the end of this week to see if some of these reports hold true to form as Retail Sales and CPI will be announced for the month
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