Full Week Ahead Preview: In Search Of “Missingflation”
Markets will get a well-deserved break from scheduled event risks in the days ahead after traversing two consecutive weeks littered with every kind of conceivable land mine, from Comey, to elections in the UK, to a change in forward guidance from the ECB, to a Fed hike that turned out to be hawkish despite an abysmal CPI print.
All things considered, everything held up pretty goddamn well, especially in light of the shocking result in the UK and Yellen's refusal to alter the Fed's message in th