TFMR Podcast – Wednesday, September 25th

All things considered, it wasn’t a bad day. Yes, the thugs have taken over and are driving the PMs back while the POSX rallied. But that rally ended up being half a point, and rates were also higher, so when you consider that CDG was green and CDS only fell 1%, it’s not a bad day at all .

Things will get interesting again tomorrow with a full slate of Goons. And then Friday brings the latest PCE and income/expenditure data, so you know that’s going to make for a volatile morning, too. For today’s podcast, let’s take stock of where we are midway through the week and then start looking ahead to…