It was a decent day as a follow-up to the fireworks of yesterday. And now we await the BLSBS tomorrow, aware of the fact that we've had a pretty nice 5-day run and we may be due for a brief pullback.
But for today, we simply assess where we've been, where we are and where we're heading. As to the latter, the biggest signal of future Fed policy is coming from the bond market, so that's where we begin the discussion today.
Though we don't want to overlook the importance of the POSX:
We check the updated charts of both CDG and CDS:
And we close with another check on the mining shares.
Thanks for listening and be ready for a very interesting end to the week tomorrow.
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