Monday, November 13, 2006

HAPPY TALK FOR EVERYONE ON WALL STREET

This is a market that just wants to stay happy! No matter what...

Indeed we seem to have entered a "crash proof"...albeit range bound phase.


Global markets are so managed, controlled and interconnected that they are in effect "self-sealing" for any ruptures that might occur...

The two biggest economies the US and China are so entangled that unpleaseantness will be avoided at all costs...!

The Democratic victory at the polls is probably reinforcing this idea; so that many feel the "grown ups" finally have some input on the process...

Still, all of the real underlying problems remain...but at last there will be input from the intelligensia in the US...


Finally, the horror of Republican corruption, looting, and their economy of "smash and grab" and greed is good is ending at last...and not a minute too soon.