Thursday, October 10, 2013

Thursday Shutdown Debt Watch - Botch



It is difficult [for me] to criticise the /ridiculous/decisions of some US policy makers  when I see even more spectacularly irregular behaviour within the financial community  (who makes available stock for trading) and the end users   (the public joe's and companies)  who actually buys it enthusiastically.

No matter what,  markets are drifting higher.

From just the last month:


  1. Quantitative Easing (QE)might be reduced.  -> Market down small
  2. Sorry QE is back on -> Market up >> pre (1) levels
  3. US Gov Shutdown and Looming Debt Limit -> Market Down Small
  4. Republicans offer Democrats short term Debt Limit extension -> Market up >> pre (3) levels

Insanity redefined.

Short sightedness brought to a new pinnacle.



I'm retreating to Public Enemy, it makes more sense to me




Links
Public Enemy - It takes documentary
Public Enemy - Take a nation audio