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Of Morons And Missiles.
If Monday was largely a bore outside of some overnight fireworks in Asia, Tuesday made up for it. Before we dive into the details, it was the best day for the Dow and the S&P since early September:
To be sure, everyone knew there would plenty to trade on this week and the ball got rolling in earnest today when stocks surged to intraday highs on optimism around Jerome Powell who said the "right" things during his "chat" with the Senate Banking Committee, where "right" means this: "what's g
so once the markets decline and people become less willing to look the other way at our gilded leader, will he wear the badge of having ‘let’ NK develope a missile able to reach DC while on his ‘watch’. ?