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Consolidation Mode But Remains Bearish


Fails To Hold Onto Thursday’s High


'Big Tech' Bill Goes To Senate


Oil Up For Fifth Week On Supply Disruption, Geopolitics

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While Chairman Powell speaks briefly today and gives testimony on CARES Act with Tsy Sec Yellen on Tue-Wed, it's unlikely much will be conveyed to upset markets prior to Fed media/policy blackout that starts Midnight Friday, final 2021 FOMC annc on Dec 14-15.
  • US Data/Speaker Calendar (prior, estimate)
  • Nov-29 1500 NY Fed Williams opening remarks NY Innovation Ctr
  • Nov-29 1505 Fed Chair Powell NY Innovation Ctr
  • Nov-29 1515 NY Fed VP Hassan panel moderator NY Innovation Ctr
  • Nov-29 1705 Fed Gov Bowman, moderated discussion CBs & indigenous economies