This is a trading diary containing my views on international financial markets and economic news. I focus on the relationships between bond, currency, commodity and equity markets across countries. All ideas and opinions expressed here are shared for educational purposes. THESE ARE NOT RECOMMENDATIONS!
FNM has held near the flat line and now migrated positive. The market is up with it. This bounce is mostly about the immediate term negativity in the market. IMHO if FNM makes a new low today the market will put in a very ugly day.
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