Summary
- U.S. 10-year yield in on slowdown worries
- Probability of Fed move in December drops 10 points to around 65 percent
- Corporate credit spreads blew out big time. Watch this space
- Equity markets are rudderless and feel like they want to go lower
- Natural gas futures are a joke. Massive squeeze, up over 40 percent in Q4
Commentary: Watch credit spreads. Take a look at country ETFs. It has been a terrible year for financial assets translated into dollars.
Vulgar looking S&P Chart
