Week In Review – November 16

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

Middle_Finger

 

Week_2018_ETFs

 

Week_Table

 

This entry was posted in Uncategorized, Week in Review and tagged , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s