Finally Friday

Well, we've finally made it to Friday of what we knew was going to be a crazy week. The start of this week's Hat Contest feels like ages ago...perhaps you should go back and check your guess to see if you have a chance at winning today. Either way, we all survived the week mostly intact and now we can see where things lead from here.

So far today, the "markets" have been dominated by a delayed reaction to Jerry. As I recorded yesterday's podcast, the POSX sold off and the PMs rallied. By last evening, however, that trend was reversing and the PMs fell back rather sharply. This...