Insert Weather Metaphor Here

The well advertised poor growth performance should kick off a Friday of ho humming. The Fed Chairman's mountain missive won't be a summer blockbuster. After spending 2 months on debts and deficits, the Monetary Master may toss a few huzzas back to fiscal policy.
The NAPM reports next week, always our favorite data points, will be huge. Sub-50 headlines could solidify the public's view that government has run out of bullets. The European situation continues to deteriorate with no Euro-bathing Buffett in sight to cough up capital. Every weak data point will be met with meltdown hyperbole.
GDP, Ben, Europe and the ISMs; the path of the storm can be tracked. This one is gonna leave a mark.

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