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TFMR Podcast - Tuesday, May 18

121

It was a dull and lifeless day so it's difficult to not record a dull and lifeless podcast. But we gave it a try so please have a listen.

Again, today was characterized by a lack of volatility. The bond market was flat and CDG was, too, with a $10 price range that has now endured for over 30 hours! The POSX fell sharply and broke below that important 90 level but, once it rallied back a little, the bounce was used as cover to smash CDS for 60¢ in less than an hour! But then everything went silver and CDS, too, barely budged the rest of the day.

All of this sets us up for...

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Key Economic Events Week of 8/2

8/2 9:45 ET Markit Manu PMI
8/2 10:00 ET ISM Manu PMI
8/3 10:00 ET Factory Orders
8/4 8:15 ET ADP Jobs report
8/4 9:45 ET Markit Service PMI
8/4 10:00 ET ISM Service PMI
8/6 8:30 ET BLSBS

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