Tuesday, February 1, 2011

Stock Market Gains...


Well, folks, I just checked the Dow a moment ago; it was up 150 points.

(*SHRUG*)

The Euro is up...

(Pay no attention to that Leprechaun sneaking a wee dram...)

(*SHRUG*)

To those of you who are familiar with what's actually happening in the U.S. and throughout the world... does this make any sense to you?

Oh, sure, hindsight employed - even present sight - anything can be "explained."

After all, Republicans recaptured the House in November.

Judge Vinson ruled ObamaCare unconstitutional the other day.

I can construct a "good news" package of economic data if pressed that might "explain" some of recent stock market gains, however...

(*SIGH*)

We're still left with reality in its totality.

(*SHRUG*)

Whether oil remain futures remain at $100/bbl. for awhile, or rise, or perhaps falls... no one I know expects oil to fall below $80/bbl.

Overall inflation - apart from oil... what do you folks "in the know" think?

(I still see no chance in hell of avoiding stagflation...)

Unemployment? What's the consensus? Anyone think things are "returning to normal," that we'll be seeing "normal" American "historic" rates of employment/unemployment coming back anytime soon?

(Or anytime at all...?)

Robo-Trading... Fed and foreign government "interventions"... media cheerleading... irrational exuberance... political collusion... crony capitalism...

(*SHRUG*)

You don't have to be a conspiracy theorist to note the cognitive dissonance on display with regards to world "investment" markets.

ANYWAY...

Just throwing it out there...

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