THE END OF THE FIRST HALF OF THE YEAR IS AT HAND...AND THE FED ASSET INFLATION HAS DONE WONDERS...
IN A FEW DAYS THE START OF THE 3RD...OR...."SEPTEMBER QUARTER" WILL BEGIN...AND FEW WANT TO HANG AROUND TO SEE WHAT DISMAL NEWS THAT WILL HOLD...
THE 2D QUARTER "BULL MARKET" WAS ALL HONEYMOON, HAPPY TALK AND HYPE...WITH THE FED ENGORGING WALL STREET WITH MONEY...AND APPARENTLY HUGE BONUSES WILL NOW BE PAID...BECAUSE OF IT!
THE 3D QUARTER WON'T BE SO LUCKY...
THE 2D QUARTER WAS A ONE-OFF LAPSE INTO THE FANTASYLAND OF POST KEYNESIAN ECONOMICS...OR PSEUDO-ECONOMICS AS DESPERATELY INTERPRETED BY THE FED.
THAT FANTASY WILL SOON END...
