Sponsored by

TFMR Podcast - Friday, May 3


It was a totally stupid day. A big miss in the BLSBS led to a surge on rate cut odds, a drop in bond yields and a plunge in the POSX. That, of course, was good enough for a huge rally in stonks. However it was also good, of course, for a massive plunge in CDG and CDS. Though prices eventually recovered, we were all reminded that pricing power still resides in New York and not Shanghai.

For today, I'm not sure what else to say that hasn't already been covered in the morning post and comments. But we try to add a little color before moving on to these three images:...

80 Comments on TFMR Podcast - Friday, May 3

Subscribe or login to read all comments.

Support TFMR

Donate Buy Silver

Access Subscriber Benefits

Listen to TFMR on the go in your favorite podcast app, and join our member-only forum discussions!

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

Recent Comments

by Welder99, 1 hour 3 min ago
by Texas Sandman, 1 hour 4 min ago
by BillW, 1 hour 16 min ago
by Texas Sandman, 1 hour 28 min ago
by streber, 1 hour 34 min ago
by indiana rod, 1 hour 43 min ago