Maybe a little Yin-Yang going on here...?
A bit of dialectic thinking...thesis, antitheses, synthesis...?
Or just good old economic cyclical paradigms kicking back in...?
The only real question is: HOW TO PLAY THESE "HAPPY TALK RALLIES?"
If this rally is true to recent form, ie fake, we should see a sell off before 4PM...who wants to wake up on Monday morning...owning gauranteed higher rates and a pissed off public that is Bush Bashing like never before...?
~~Best Quote of the day amid all the usual happy talk:
"The wage story is gathering real momentum," said Ian Shepherdson, chief U.S. economist for High Frequency Economics. "The Fed is going to 5%, and more if housing does not collapse by mid-year. "
