Firstly, the ever-important 10 year yield busted above the 1.5% number where markets did not appear to be happy. We believe Uncle Jerome was in there Friday doing his thing as the 1.5% was punctured to the downside late. We’ll see what comes next but believe the oversold combined did the trick for now. Into…
No power in Texas. Could not do radio show so in lieu of: https://recordings.join.me/T99tBswqYkugn459S6YuOQ
Because our network is in Texas and most cannot get to studio because of weather, no radio show today but instead, we will post a market wrap webcast here going through the market moves today. Good luck to all in Texas. Stay off the roads.