Now safely back at Turdfork, let's get it on with a podcast that details the whys and hows of today's huge drop in the POSX that sparked massive rallies in nearly all "risk assets".
What a day...what a long day! MrsF and I left Kaua'i at 12:30 am CST last evening, flew overnight and, after a lengthy connection and flight change, finally arrived back at Turdfork 14 hours later. So if I seem a little scatterbrained today, please take it easy on me.
Again, though, it was a great day after the CPI forced a mental reset on The Fed's rate hike expectations. This led to a sharp...
