THE WALL STREET BANKS ARE STUFFED WITH NEW "BERNANKE CASH"...AND THERE IS NOTHING TO SPEND IT ON EXCEPT...
OIL! OR M&A...
SO EXPECT STOCKS TO BE DRIVEN BY A MASSIVE AMOUNT OF M&A ACTIVITY ALL SUMMER....
NOTHING WILL BE "RIGHT" IN THE REAL ECONOMY .... BUT IT DOESN'T REALLY MATTER FROM WALL STREET'S POINT OF VIEW AS LONG AS CASH IS AVAILABLE TO "DO DEALS".... AFTER ALL, ITS THE DEALS THAT PRODUCE THE BONUSES... AND BERNANKE IS RUNNING THE ENTIRE ECONOMY SO THAT WALL STREET BONUSES ARE PROTECTED FIRST AND FOREMOST...
AND ALAS, THE DOLLAR BE DAMED!
AND MAIN STREET BE DAMNED AS WELL...
THAT'S JUST THE WAY IT IS THESE DAZE...
THE COLLAPSE WILL COME... BUT PROBABLY NOT THIS SUMMER OR EVEN THIS YEAR...
THE M&A WILL "PROTECT" US FOR A WHILE... NONE OF THIS M&A ACTION MAKES ANY SENSE AND IT WILL ALL NEED A "BAILOUT" IN THE FUTURE!
THE INTERNATIONAL CAPITAL ELITES ARE STILL MASSIVELY OUT OF CONTROL!
SO THE BEAT GOES ON...
