Copper's sprinting, but IG spreads are dragging their feet

Fundamentals were pointing up — copper nearly pegged, Korea exports strong, KRW holding firm, AUD/JPY leaning risk-on. But IG spreads slid to -0.67 and VKOSPI tanked to -0.88, and that credit-side cold shower was enough to keep me honest. Score came in at 0.25, regime stayed neutral — I sat on my hands today.