- Yet another indicator reflecting less positive growth outlook going forward.
- Same story here with the others : EDU0/EDU1 spread sharp narrowing = pricing out of Fed hikes, driven by EU contagion fears.
- Trading now @ +73 which is where it settled on the night of the 1000 point Dow plunge.
- Watching those Risk Off trades very closely. Be ready to step up (ie more Risk Off) risk levels once they break.
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