Good morning … one (UST auction) down, two to go. ZH: Stellar 2Y Auction Sees Near-Record Indirects And Near-Record High Yield Here’s hoping it wasn’t TOO good and positions aren’t TOO short heading in to this afternoons 5yr liquidity event so as NOT to rob concession from participants,
If summers at the Santa Cruz Beach Boardwalk (who's legendary woodie-rollercoaster, The Big Dipper, was made famous by the movie The Lost Boys. I'm soo 1980's I KNOW!) are any indication, be watching for a major drop in Servies Spending. The Boardwalk's been PACKED with college coeds the last 2 summers, just sayin!
PS-always love the charts with those big ole thick crayon-drawn lines. Always appreciative Steve!
If summers at the Santa Cruz Beach Boardwalk (who's legendary woodie-rollercoaster, The Big Dipper, was made famous by the movie The Lost Boys. I'm soo 1980's I KNOW!) are any indication, be watching for a major drop in Servies Spending. The Boardwalk's been PACKED with college coeds the last 2 summers, just sayin!
PS-always love the charts with those big ole thick crayon-drawn lines. Always appreciative Steve!