I totally agree, but when reality" sets in," is a whole different issue. Next week will certainly be interesting. Even Ben has to start thinking he has painted himself into a corner. Short of a pandemic, there is no Black Swan for the market...war/ defaults/ recession...all is now a positive. Actually, what will turn the tide will be the inflation data and a pop in interest rates.
FED to buy 10 million iPhones, US postal service contracts out to FDX, every law enforcement agency gets a new tractor,shared between CAT and DE, and ORCL takes over VA operations...problem solved
I'm not sure, my friend "Harvey" is coming to town Sunday and we plan to meet up for drinks.
Anxious to see what that rascal rabbit has to say.
maybe my parents were wrong
but of course they get shares in the bankrupt bank...throw in some Nigerian lotto tickets and they'll be happy campers
they don't even know what percent the levy will be and line up like sheep to get a few hundred euros of their savings. Based on their reaction, I think the template is back on the table for both the EU and US
congrats...knowing what I know now, I envy you. Greed can be a bad thing.
my belief is the market would rally. I don't think it would prompt a sell-off, but rather defense stock buying.
I'm beginning to believe given the complacency with economic data, the only "swan" event would be mass
civil unrest throughout Europe and the Middle East. If Cypriots are an indicator, that won't happen either.
but that was in the days when actual real people traded and there was volume to prove it.
achieved during the most protracted global malaise short of the Great Depression
gives me goose bumps, does't it you?