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TFMR Podcast - Tuesday, April 30


The selling began as I recorded yesterday's podcast and has continued through the recording of today's podcast. When was the last time CDG and CDS traded straight UP at a 45-degree angle for 24+ hours?

Actually, that's a trick question. It has never happened and very likely never will. But it is what it is and shall remain so as long as the digital derivative and fractional reserve pricing scheme exists.

For today, these two links:

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Key Economic Events Week of 6/10

6/12 8:30 ET CPI and Core CPI
6/12 2:00 ET FOMC Fedlines
6/12 2:30 ET Jerry's presser
6/13 8:30 ET PPI and Core PPI
6/14 8:00 ET Some Random Goon
6/14 10:00 ET Prelim UMich

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