Well, that was interesting.
“The day-to-day and intraday market swings over the past six weeks have been absolutely ferocious.”
Without further ado…
Say your prayers.
“In the last week of January, as equities went on yet another run, a client who had been waiting to buy the dip called us with an exasperated query.”
I don’t know where you’re supposed to turn for “analysis” from here.
“Now you might look at these charts and say, ‘Greece spent too much and suffered the consequences. Ultimately they will be better off taking the hit and reorganizing in a more productive economic fashion.’ If so, you probably also still have this poster hanging in your room at your parent’s house where you grew up.”
So there you go. Bring an umbrella.
This should be all kinds of amusing.
U.S. FEB. CONSUMER PRICES RISE 0.2%; CORE INDEX UP 0.2%
Don’t worry, it should be fine.
Trade banter and CPI. That is all. Or at least all we know.
After all, she’s got a habit of hanging out with and implicitly taunting bears…
“The hawks went ape-shit. They screamed and yelled. They warned about Weimar Republic style hyper-inflation. But Bernanke hung tough.”
“Lions, tigers, and bears, oh my!”