Wednesday, June 3, 2009

Markets Acting Badly

The market is such a baby.

Right now, especially, it seems to be acting like a spoilt little brat.

Everytime Bernanke, or someone or something, highlights that things ain't so good, it throws a hissy fit.

As if only tax payer dollars, or central bank printing, or jawboning will solve its problems. Like a petulant little brat it requires much hand holding and spoon feeding in order for it to feel good.

P.S. While we're at it, did everyone get the same "trade of the day" email? Seems like everyone is rushing in and out of the same trade at the moment. I guess they all got sold the same model...now where have I seen that before!

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