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IG 13 is now offered at 100bps. The rush for the exits in credit is starting.
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DJIA breached 100 hundos (doesn't quite sound as good)
a hundo hundos?
Hats on!
I am glad I don't have ANY money invested in the Ponzi Market 401K air-sucking hole of "retirement".
www.DraftRonPaul.com
A'ight. Nuff of dat. Some'ody start 'splain'n.
I don't know about you, but Tyler thinks I'm smarter than I am.
Being as you are Commander Cody, I would have expected you to have the L33T ZH Glow-in-the-darkness Decoder Ring.
I lost the instructions.
What does IG mean?
investment grade. it refers to cdx ig index of investment grade corporates.
do we get a credit update today, i hope?
Why are gold and commodities selling like we are a world in a finacial panic?? China?
Because morons think that the US Dollar,Treasuries, and bonds, are Safe Haven instruments..............( what a joke, our ledger is worse than Greece!).
Out of RISK assets(LOL), and into real protection........someone slap me.
We keep all our bad stuff off balance sheet. Where it can't do any harm.
High finance---American style
Thank goodness the dollar is 'Good as Gold'
Don't tell me a sarc tag is necessary.
I almost choked to death on my coffee. Now to clean up the mess.