TFMR Podcast – Thursday, June 9

After being out all day, it’s time to play catch up and prepare for tomorrow’s CPI. So please come on in and give this podcast a listen.

Having missed most of the day, I don’t have the usual collection of links and tweets. And that’s OK as most of it would just be noise ahead of tomorrow’s CPI.

So, in preparation for the end of the week, let’s just recap the inevitability of Lagarde’s dovishness and today’s POSX rally…and what it indicates regarding another bout of across-the board, “risk off” selling….similar to what we experienced from mid-April to mid-May….

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