Banks On Their Heels

However, you can be certain they'll fight back soon enough.

22
Wed, Jun 5, 2019 - 10:35am

Another solid rally today as CDG got within sniffing distance of $1350 before the clamps came down. Regardless, the underlying rationale for this price surge remains unbroken and our goals remain in sight.

The big news today was that the ADP jobs report came in lousy. This prompted fears that this Friday's BLSBS will be lousy, too. On the news, CDG shot to $1349 while CDS hit $15.03. https://www.zerohedge.com/news/2019-06-05/adp-employment-growth-crashes-...

But then some...

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