Got all of that?
Beleaguered banks, commodities on the come up, golf, the usual…
“Don’t bother arguing with the hard-money gurus about the correct policy course. Just watch the yield curve. The market is smarter than all of us.”
In good hands.
“Understanding the past is crucial to predicting the future. It helps us come to terms with the fact that just as Van Morrison sang “too late to stop now,” we become addicted to debt and low rates without an answer to the question – how do we stop?”
And it’s only Monday.
Plenty to fret about (and laugh at).
All you can do is laugh.
All hail the “king”.
Can you feel the tension?
Say your prayers.
“I don’t… nobody knows what’s going on.”
Tuesday was another day that had a distinctly circus-like character to it…