Sunday, September 18, 2011

Only Thing That Matters.

Greek One Year Bond

Last week CPI, inflation, was running at the high limit of the stated Fed's acceptable range, NY and Philly numbers are showing manufacturing contraction, and unemployment's moving up, but Greece was going to get bailed out so everything's OK.  I don't expect that idea to change any this week so the Greek bond chart moves everything else right now.

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