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November 16 CDS Heatmap
Rather quiet day in credit yesterday (and today credit was wider even with equities completeing 9 out of the 10 past days higher): a few names that stoof out on the wider side: AIG, BXP, EQR, KMP, CAH, RAI, AA and a several utility names. Tighteners were HIG, MET, AXP, JCI, UNH, DOW and RRD. The rest were predominantly flat.
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i thought red meant they were tightening and blue meant they were widening?
why does it seem like the chart is exactly backwards? or is this for yesterday?
I will take reading comprehension for $1000, Alex.....
hint, see the title for this post.
Duh... Like, for sure... Everyone like totally knows that red is like the new blue, or something. Gosh!
Black means what? No movement?
Paulson must want to unload the rest of his BAC:
http://www.bloomberg.com/apps/news?pid=20601087&sid=ak.59fsU6sg8&pos=6
it's all a big farce so red blue whatever it means ABSOLUTELY NOTHING - except that farce is alive and well, feeding the banksters heaping helpings of what little is left of america's wealth
Thanks, Tyler. Keep it coming, please!