Good Morning. Today we have what could be a record release of economic data. And these are no small data points either including weekly claims and ISM manufacturing. With the weather and shutdowns this week I cannot confirm the accuracy of the calendar but even if we get half of the data we may still set a record. There is a lot. And all pretty much hitting at 10AM.
In addition to data overload and the NFP payroll on Friday we now have only three trading days before the Presidential election. And again I repeat the irony of how the markets held up during the entire campaign, only to begin falling the few weeks prior.