Between Gaza and the FED meeting...you'd expect some anxiety on Wall Street...?
WRONG!
The bond market is a bit worried...but bond holders are all grown-ups...
The Street is seriously into "happy face" now...but I'd call it more whistling past the graveyard.
The market masters appear to have the float under control...and as long as the geopolitccal news can be "managed" by the American media...more aimless drift seems inevitable. And the problem? Well, "aimless drift" is as good as it gets...at least until after Labor Day...then the elections will be the story du jour...
