Week In Review – November 16


  • 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







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