It was a lousy week that concluded with a particularly harsh and brutal Friday. So, let's take stock of where we are, where we've been and where we're going.
Again, my apologies for being unavailable late yesterday and, thus, this Saturday podcast. And this clocks in at over 25 minutes so I also apologize for not being able to keep it more brief.
After a lengthy general discussion of the week's events...actually, everything going back to Wednesday the 20th and the FOMC minutes...we proceed to discuss these charts in order.
First, you're told that the bond market...
