TFMR Podcast – Friday, September 6

What a crazy day that was. A horrible BLSBS. Really horrible. All part time jobs and no jobs for native american citizens. Terrible. But that’s not what drove today’s markets. Instead, it was the growing realization (finally) that Jerry was not (and never was) going to start his 50 basis point tapering at the September FOMC.

And again, as I’ve been saying for the past month or so, the sooner the “markets” get this 50 basis point notion out of their collective heads, the better. Maybe… finally… today… it’s finally over.

We discuss all of this today and…