The price of CDG has recovered a little today but CDS remains under pressure as an exodus of Spec longs continues. Tomorrow should be a quiet day ahead of "the most important jobs report in months" on Friday.
It's a beautiful day where Turd lives and we don't get those too often in December. As such, I'm recording and posting this podcast a little earlier than usual so that I can have some time in the sunshine this afternoon.
For today, a general discussion of the day's events and then a look at these three images:...