Last month, CDG and CDS were both jolted higher by the latest JOLTS job openings and quits data. This was a signal of a slowing/worsening labor market and the type of thing you'd expect to see from the lagging recession indicator of total employment. Today's latest JOLTS data continued to the trend.
So welcome to Tuesday. It's an official holiday here at Turdfork as its MrsF's birthday! My job is not to run a precious metals website today. Instead, it's to make her happy with some precious metals stuff in between.
Let's start with that latest JOLTS data. In case you've...