Tuesday Topics

1) Prognosis Negative - no not the outlook, the rates. 6 countries now negative nominal out to 2 years. Swiss banks moving on depositors.

2) There's so much debt that the 6 month T Bill was 5 to 1 b/c yesterday. ! TAG ending and all the other fun stuff into Jan are making 14bp the new "killing it."

3) Syria is moving stockpiled chemical weapons around and its not helping Hilary's stomach pains.

4) NPRs "Fresh Air" has the story of government acid tripping experiments today and well worth a tune in.

5) Detroit is going over their fiscal cliff right now.

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