WALLSTREETART2.JPG (12631 bytes)
What You missed LAST Week  

                                                                                NO FIXED SCHEDULE –EVERYTHHING IN FLUX

March 16—20, 2020 You know we’re in extraordinary times when even the FOMC cancels a meeting, and moves 3 days earlier, on a Sunday, to slash rates to zero.

Here are the 3 bulletins the FOMC released, in the order in which they were released.
https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDAsInVyaSI6ImJwMjpjbGljayIsImJ1bGxldGluX2lkIjoiMjAyMDAzMTUuMTg3NjY3OTEiLCJ1cmwiOiJodHRwczovL3d3dy5mZWRlcmFscmVzZXJ2ZS5nb3YvbmV3c2V2ZW50cy9wcmVzc3JlbGVhc2VzL21vbmV0YXJ5MjAyMDAzMTVhLmh0bSJ9._AaakiL08792i06HyWRTiIGOAnEb2RS3qwPgQsP7a0I/br/76147535514-l

https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDAsInVyaSI6ImJwMjpjbGljayIsImJ1bGxldGluX2lkIjoiMjAyMDAzMTUuMTg3NjY3ODEiLCJ1cmwiOiJodHRwczovL3d3dy5mZWRlcmFscmVzZXJ2ZS5nb3YvbmV3c2V2ZW50cy9wcmVzc3JlbGVhc2VzL21vbmV0YXJ5MjAyMDAzMTVjLmh0bSJ9.ac9H2IHd7ZomV22Xh9LmvVnW1nbJvPdCGl_AHTZEhlU/br/76147708882-l

https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDAsInVyaSI6ImJwMjpjbGljayIsImJ1bGxldGluX2lkIjoiMjAyMDAzMTUuMTg3NjY4MTEiLCJ1cmwiOiJodHRwczovL3d3dy5mZWRlcmFscmVzZXJ2ZS5nb3YvbmV3c2V2ZW50cy9wcmVzc3JlbGVhc2VzL21vbmV0YXJ5MjAyMDAzMTViLmh0bSJ9.tPzOVTEZYdlBVpOJMltWUeQzxn6U8_1szzUBvtPtToM/br/76147702219-l


While the Licensing Leadership Summit scheduled for the 16th—17th, in NY was postponed, the organizers are determined to reschedule it, in NYC, for later in the year. While I doubt that happens it is reasonable to suspect it will be held May 19—21st, in Las Vegas, when the Licensing Expo is still scheduled to go forward but, of course, subject to cancellation at a later date.

The only scheduled event we have reason to believe will proceed as planned is the Midwest Poulty Federation starting Tuesday, because their website said that’s what they were determined to do, in the face of any disruption, no matter what. Morgan Stanley and some other I-banks are going to do their best to hold their conferences virtually--teleconferences. MS is singled out particularly, because McCaul remains on the central bank calendar speaking at the event. Transworld insists its event will proceed as planned on the 19th. On the other hand, Variety has 'postponed' its Entertainment Marketing Summit. 

Other than that, when even FOMC meetings are cancelled, and spring loaded, instead, by 3 days, you know we’re living in unusual times. To say the least. Be careful out there. Trump can try and bully stocks up all he wants but most will prefer, instead, to conserve cash.

ECONOMIC:
SUNDAY, 03/15:
Democratic Presidential Hopefuls Debate (8pm D.C. on CNN, w/out audience)
    OVERNIGHT into US Mon. a.m. et:
        Japan 4Q19 GDP/Private Consumption/CPI
        China Feb Home Prices, Jobless Rate, Industrial Production, Property Investment, Retail Sales
China NBS (National Bureau of Statistics) Press Conference on Feb Data

MONDAY, 03/16:
NY FRB Empire State March Manufacturing Survey
US Treasury Auctions $42B 3-, & $36B 6-month Bills (11am et)
US Jan. TICS
    OVERNIGHT into US Tues a.m. et:
        RBA Mar Policy Meeting Minutes, 4Q19 Home Price Index
        Japan Mar Reuters Tankan Index
        Japan Jan (F) Industrial Production/Capacity Utilization,
Nationwide Dept Store Sales
        EU Mar Sentix Investor Survey
        China Feb CPI + PPI
        German ZEW
Mar Current Assessment/Expectations, Jan Trade Balance
        ECB’s McCaul fireside chat via videoconference @Morgan Stanley European Financials (video) Conference (London 13:00 cet)

TUESDAY, 03/17:
Primaries in Arizona, Florida, Illinois & Ohio
Redbook weekly store sales snapshot
US Feb Industrial + Manufacturing Production/Capacity Utilization (8:15am et)
US Jan Business Inventories
(9am et)
NAHB Mar Housing Market Index (10am et)
US Jan JOLTS (Job turnover & Openings)
FOMC 2-day Meeting CANCELLED
Federal Reserve Board of Governors CANCELLED
closed mtg under expedited procedures
    OVERNIGHT into US Wed. a.m. et:
        Japan Feb Trade Balance
        EU 25 Feb New Car Registrations
        Eurozone Feb CPI, HICP, Trade Balance
        UK Feb New Car Registrations

WEDNESDAY, 03/18:
MBA weekly Mortgage/Refinance Applications (7am et)
US Feb Housing Starts/Building Permits

Canada Feb CPI/Core CPI, Teranet/National Bank Feb Home Price Index
EIA weekly Petroleum/Gasoline/Distillates/Refineries Report (10:30am et)
FOMC Meeting Statement CANCELLED
FOMC Chief Jerome Powell CANCELLED Press Conference (Held Sunday, instead)
Brazil Interest Rate Decision
    OVERNIGHT into US Thurs. a.m. et:
        BoJ Interet Rate & Q# Decision, Kuroda Press Conference (03/19 local time)
        Japan Jan All Industry Activity Index, Feb Convenience Stores & Supermarket Sales
        SNB March Policy Rate/Sight Deposit Rate
        SNB (Swiss Central Bank) Publishes 2019 Annual Report, Sustainability Report
        Swiss Feb Trade Balance
(Import/Export/Watch Trade)

THURSDAY, 03/19:
US weekly Jobless Claims/Continuing Claims
Philadelphia Fed Mar Business Outlook
US 4Q19 Current Account
EIA weekly Natural Gas Report
US Treasury Auctions 4-, & 8-week Bills (value to be announced 03/17)
US Treasury Auctions $12B reopened 10-year TIPS (1pm et)
    OVERNGIHT into US Fri a.m. et:
        China Mar 1-year & 5-year Price Rate Announced
        Germany Feb PPI
        BoE Quarterly Bulletin/TNS Feb Inflation Survey

FRIDAY, 03/20:
NAR Feb Existing Home Sales
Baker-Hughes weekly Oil/Nat Gas US/No. Am. Rig Count
(1pm et)

SATURDAY, 03/21:
South African Human Rights Day

        WEEKS AHEAD: 03/24
Democratic Primary Postponed in Georgia
                            03/25—26 Midwest Anit-Money Laundering Conference (K.C. FRB)
                                   03/26 BoE MPC Meets
                                   04/02 Boston FRB N.E. Study Grp Workshop, "Does Eviction Cause Pover-ty…?"
                            04/16—17 Philly FRB Macro Conference

EARNINGS:
  It’s still retail’s turn but, with nursing home patients in Washington state hit hard, and the elderly hit hardest, in general, Capital Senior Living, Monday, caught our eye. Tencent Music Entertainment & Town Square, a radio company, both report Monday. What were the odds? Tuesday, I’m not specifically interested in China Distance Learning (DL) but given 2 provinces locked down, in China, business should have picked up, no? Because manufacturing never really fully recovered with stock markets, the shutdown of the supply chain from China could have hit that sector hard. Cintas is one way to check in on manufacturing, and reports Thursday.

MONDAY, 03/16:
JOBS, ACRX, ADES, ARPO, AESE, ARA, APYX, ARCE, ATHX, BE, CSU, CPRX, CHMA, CNF, CVGI, CWCO, CRMD, coup???, ESTA, XELA, FPH, FCEL, GEN, gva???, HCHC, HQY, HIL, HZN, HCFT, HUYA, IDEX, INWK, YY, KIN, LEAF, MAGS, MG, NBEV, ONCT, OCC, PLSE, RPAY, REI, SJT, SNES, STRS, SNDE, sprt???, TME, TERP, TSQ, TRXC, TG, ZTO

TUESDAY, 03/17:
ATCX, BAX, BILI, DL, DRIO, DBI, KODK, GEVO, HDS, LE, MIK, NTN, PFMT, RMBL, SSKN, XP, YIN

WEDNESDAY, 03/18: ACMR, ARCO, BZUN, CAPR, CTRA, CPIX, FANH, FIVE, FUTU, GIS, ENT, GES, mlhr???, IAA, LGL, NIO, OSMT, QTT, TLRD, TCOM, TPTX, UONEK, WSM

THURSDAY, 03/19: ACN, BIOL, CATO, PLCE, CTAS, CMC, CRWD, DRI, DXLG, DOYU, DLTH, EFOI, EPAC, GDS, HOOK, LAZY, LEN, MOMO, RTW, OLLI, SCHL, VBLT, WTT, YTEN, ZLAB

FRIDAY, 03/20: HIBB, rbcn???, TIF, TRQ

EVENTS: We have tried as hard to keep up with events canceled as we do tracking the scheduling of events but make no assurances that the information below, is complete and correct. Some events can be canceled with a single, blast email that wouldn’t come to us unless we’d registered for the event. In moist cases, we don’t.
CONTINUING SUNDAY, 03/15:
AAAAI Am. Academy of Allergy, Asthma & Immunology
(Philadelphia PA thru 16th)
AAGP: Geriatric Mental Health Care (San Antonio TX thru 16th)
NCREIF: CANCELLED Nat’l Ass’n of R.E. Winter Conference
Chicago CANCELLED Inspired Home & Housewares Show
COSMOPACK & COSMO CANCELLED
Texas Instruments (TXN) T3IC Int’l Conference: Teachers Teaching with Technology (Dallas TX)
BNP Paribas CANCELLED Indian Wells Tennis Tournament
SXSW CANCELLED (Austin TX)

STARTING SUNDAY, 03/15:
CANCELLED 32nd Annual ROTH Conference
CANCELLED Strata Data & AI Conference (San Jose CA)
VIRTUAL ONLY, now: Microsoft (MSFT) MVP Global Summit (Thru 19th)
NCAA (Men’s) Basketball Championship aka March Madness Selection SundayCANCELLED

MONDAY, 03/16:
GDC CANCELLED Game Developers Conference
Licensing Leadership Summit POSTPONED (NY)
Nomura India Corporate Day NY (Virtual)
Platts CANCELLED 18th Steel Markets No. Am. Conference
PMA: Produce Marketing Managers CANCELLED @SXSW
Daiwa-Thanachart presumed canceled Thailand Corporate Day (Singapore)
AdvanSix Inc (ASIX) marketing with Stratgegas (NY)
IBM (IBM) Integration Technical Conference (Dallas TX thru 19th)
Kohl’s (KSS) investor day will be rescheduled but online webcast could take place @12:30pm et though there are doubts. IR Site claims no events scheduled

TUESDAY, 03/17:
Macquarie Consumer Bright Ideas
(NY thru 18th)
Oppenheimer Co 30th Annual Healthcare Conference (NY thru 18th)
POSTPONED to October Solar Power—Storage Finance & Investment
ACA POSTPONED Am. Cable Ass’n Annual Symposium
ACOFP  Osteopaths VIRTUAL Annual Conference (thru 22nd)
Midwest Poultry Federation Convention (Minneapolis MN thru 19th)
AHIP CANCELLED National Health Policy Conference (D.C. thru 19th)
SSA CANCELLED Self-Storage Association Spring Conference/Trade Show
Desjardins Industrials, TMT, Diversified & Consumer Conference (Montreal Canada thru 18th)
Morgan Stanley European Financials VIRTUAL Conference (thru 18th)
Bk of America 2020 Global Industrials Conference (London thru 18th)
Citi VIRTUAL Communications Services Conference (London thru 19th)
JPMorgan Pan European Small/Mid Cap Conference (London thru 19th)
Alzheimer’s Research UK Conference (Wales thru 18th)
Citi Future of Automotive & Industrials Conference (Tokyo thru 19th)
Citi Japan IT Services IR Day (Tokyo)
Credit Suisse ASEAN Virtual Corporate Days (Consumer; ASEAN thru 18th)
BofAML 20th Annual Sun City Conference (Sun City South Africa thru 18th)
American Express (AXP) webcast Investor Update (8am et)
Domo (DOMO) CANCELLED Domopalooza
nVidia (NVDA) GPU VIRTUAL Technology Conference (thru 20th)
NCAA CANCELLED (Men’s Division 1) Basketball Championship—aka March Madness

WEDNESDAY, 03/18:
32nd Annual Hunter Hotel Investment Conference (Atlanta GA thru 20th)
UBS Access: The Future of Industrial Technology Conference (NY)
Credit Suisse Global Trading Forum (Miami FL thru 20th)
BTIG Medtech, Digital Health, Life Sciences & Diagnostic Tools Conference (Snowbird UT thru 20th)
ECEDHA  Electrical & Computer Engineering Dept Heads Ass'n CANCELLED Annual Meeting 
IHRSA Health, Racquet & Sports Club Association (San Diego CA thru 21st)
AHF Migraine World Summit ONLINE only
ASCPT Am. Society for Clinical Pharmacology & Therapeutics CANCELLED Vision 2020
AAHPM CANCELLED Hospice & Palliative Care
UBS Oil & Gas Conference (London thru 19th)
Deutsche Bk dbAccess European Small/Mid Cap Conference (London thru 18th)
Berenberg Circular Economy Conference (London)
JPMorgan China Internet 1x1 Forum (Hong Kong thru 19th)
JPMorgan Southern Cone & Andean Opportunities Conference (Bogota Colombia thru 19th)
Greif (GEF) marketing w/Strategas (Dallas)
Synopsis (SNPS) CANCELLED SNUG User Conference
21st Independent Games Festival cancelled by city’s attendee limit (San Francisco thru 20th)

THURSDAY, 03/19:
Jefferies Consumer IR Summit (NY)
Bk of America Electronic Payments Symposium
Citi Retail Madness (Chicago)
RBC Capital Markets Healthcare Team Expert Series (Chicago IL)
Hinman Dental Meeting CANCELLED (thru 21st)
Transworld's Halloween & Attraction Show, Christmas Show & Escape Room (St Louis MO thru 22nd)
CANCELLED Future Food-Tech (San Francisco thru 20th)
MnM 5th Infection Control, Sterilization & Decontamination in Healthcare Congress (London thru 20th)
Oddo BHF 3rd Forum (Paris FR)
Forum Europe 18th Annual Financial Services Conference (Brussels Belgium)
Pareto Securities 9th Nordic Corporate Bond Conference (Stockholm Sweden)
The Economist Space Summit (Sydney Australia)
CTS Corp (CTS) marketing w/Strategas (Detroit)

FRIDAY, 03/20:
AAD CANCELLED (Dermatology) Annual Meeting
ASTRO CANCELLED (Radio-oncology) Annual Refresher (New Orleans thru 22nd)
Nintendo (NTDOY) launches "Animal Crossing: New Horizons" @Video game sellers
ULTRA Music Festival CANCELLED (Miami Bayside Park)
FILMS OPENING: "A Quiet Place Part II" with Emily Blunt, directed by John Krasinski, via Paramount Pictures (VIAC). "Blow the Man Down," with Morgan Saylor, Margo Martindale, Bridge Savage Cole, Sophie Lowe, via Amazon Studios (AMZN). "The Climb," a French Film, about 2 male friends whose bond survives infidelity, written by Kyle Marvin & Michael Covino, thelatter also the director, both stars of the film, via Sony Classics (SNE). .

SATURDAY, 03/21:
CANCELLED 22nd Annual Pain Management Symposium  
EXCERPTS of EARLIER 2020 OUTLOOKS HERE

Sandi Lynne 2020 Nothing contained in this commentary should be construed as a recommendation to buy or sell any security. The opinions expressed are the author’s, alone, and should be just one factor in more complete due diligence.
                                            

                                                                           Enjoy last week's highlights. I'm retired, now, and prepare what I like, when I want,

Regards
  Sandi Lynne

       (c) 1998--2020 Sandi Lynne