The hype is incredible...
...even THE REAL news of record trade deficits for the US seems unable to penetrate the "glee."
Well there is always the "morning after".... It would be best not to even read some of the drivel that is being published today... Its so totally out of touch with the macro numbers and economic realities...
For example the notion that there is no "core inflation" in the US...? Food and Energy are in warp-drive. And ASSET INFLATION of every kind is continuing apace...
The only place we DON'T see inflation is on the stuff that just got unloaded from the LAST BOAT FROM CHINA! (SEE TRADE DEFICIT NUMBERS!)
ENJOY THE HYPE...IT ONLY LASTS FOR A FEW DAYS...
P.S. And the wonderful spin on those dismal retail sales numbers yesterday was another Wall Street masterpeice! And a good example of what the Street can do if it puts it's mind to it!
