TFMR Podcast – Friday, July 18

We figured that it would be a long and challenging week…and it was. But it’s over now and, as we put it behind us, we can begin to look forward to what next week might bring.

Hopefully, less shenanigans. Go back and look. Have you forgotten about the first three days of this week and how prices rallied in China and London, only to be shoved lower in New York with help from a rising POSX? Maybe next week we can get the POSX to reverse course and allow for some extended rallies again in CDG and CDS.

For today, these two links and chart of Sylvia: