It’s a fest… over in the UK.
For my money Zak has it right.
The Age of Traders: set upon sovereign debt loads. The word is fin markets played a ‘Greece = Lehman’ set piece. Mainly out of loans for stock (P&G plus )and back to cash or better! Look for whose taking bigger spreads. There’s room.. loads of room.. to come on back.
In enzed, however, it could be the employment figures were played earlier in the week. Add the milk solids prices and price pumpers change gear. Employment data sweeps through slower and these players rely on this. Bet on it!
Saturday: I heard Phillip Pullman has another book out — so kimalot could be real interesting tomorrow..