SPDR S&P 500 Message Board

Another roadblock removed. How surprising..

First, the FC can kicked..

Along with any deficit cut talks, can kicked..

Now, the debt ceiling kicked..

It's simply a means to give the economy time to recover, delay the inevitable, give us more time, and hopefully we'll get our acts together before then...

Same strategy employed by Europe's leaders. At first, all the world's markets were afraid that a Greek collapse would trigger a global recession. Now, after 4 years of can kicking, nobody even gives it a second thought...

It's the art of giving the markets time to absorb potential catastrophe, to price it in and eventually discount it,,,,

And that's why the markets are climbing higher. the bad news has been marginalized and there's a buyer to back it...