Wow, what a day. Massive dislocations, amidst spikes in CDS, VIX and an overall discontent over the tariff news. The IWM dislocated by 6.5%, NASDAQ off 6, SPY off almost 5. We shed 2.4%, much better than the market — thanks to a defensive posture. The good:Trash cans: RSG, WCN, WMDrug distribution: MCK, COR, CAHExchanges:...Read More