The month of November comes to an end and, boy oh boy, did we have a day. All kinds of lousy data and some comments from Jerry led to a steep drop in the POSX and sharp rallies in CDG and CDS. Tomorrow will bring even more data so buckle in for more volatility.
For today, I knew it was going to be difficult to sum everything up in under twenty minutes but I gave it my best shot. We begin with a summary of the day's events and a mention of these two links: