Today we look at the strong finish to last week that saw yet another successful buy-the-dip impulse, even if there are signs of considerable divergence. Also on the agenda today, a look at the weakening credit impulse in both the US and China and the forward implications for growth headwinds, the remarkably volatile German election polling as we enter the final month before the general election there and much more. Today’s pod features Christopher Dembik on macro and John J. Hardy hosting and on FX.