Intraday Credit Commentary - The Schizophrenia Runs Amock

CDS market snapshot implies equities should be about 1% lower at this moment.

GS +12,
MS +5,
AXP +30,
GECC +45,
COF +25

Insurers, newspapers and builders all wider.

Yet the equity market is higher on its merry illiquid way to 30,000. (That guy will turn out smartest of all.)

Someone get the market some Geodon please.