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Characteristically Surreal.
Another remarkable week for the economy and financial markets ended on a characteristically surreal
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Working in Japan….what can go wrong….
Let’s see…
(1) Fed has commandeered the credit markets (all of them)
(2) Fed is working an infinite limit order for SPY, good til cancelled
(3) Any day now, Trump will start tweeting out make believe good news from the Manhattan Project regarding vaccine development progress (…but only on down days, of course)
(4) Mnuchin and Lighthizer will be FaceTiming Liu He every week, taking soy bean orders and trumpeting their progress 30 seconds after the Thursday initial claim releases.
Folks, BTFD is back and better than ever!