We’ve reached “PCE” Day” and all eight BEGOS Markets are at present within their respective Neutral Zones for today; volatility is light; for the record, the non-BEGOS Market Yen has already traced 140% of its EDTR (see Market Ranges for the BEGOS components); there are musings that Japan may move toward an interest rate increase. The Spoo which has stalled in recent days is nonetheless by Market Values +124 points (in real-time) above its smooth valuation line. Along with January’s “Fed-favoured” Core PCE reading (which by consensus is expected to be double December’s pace), other incoming metrics for the Econ Baro today include the month’s Personal Income/Spending, Pending Home Sales, and February’s Chi PMI.