esrosedotblog

THE WISDOM OF THE MARKET

This is funny. Actually, so funny that I probably made as much paper money on bonds as I may have lost on stocks yesterday. I am 50/50.

WHO'S AFRAID OF STANDARD AND POOR?

So look. The move accomplished two things.

It showed Wall Street's opinion of the GOoPers playing around with the debt stuff and, at the same time, it stirred the market to revive its interest in US Government Bonds.

Not bad.

The "invisible hand" moves again.

Labels: economy, market, Republicans