Wednesday, July 27, 2011
I mean if the market benefits few everyday people when going up, then it really doesn't matter that it drops.
But here commences the 2nd stage of "Operation Debt-Ceiling Fear" where American investors and financiers get to act like Kamikazes and try to intentionally sabotage the US markets to instill panic among the common folk.
Expect 2nd stage to extend into Friday with a dramatic sell-off to try to scare the bejeebes out of Washington. But remember the previous posting- Obama promised Wall St secretly there will be no default after Aug 2nd even if no agreement on raising the ceiling is met.
So block out all mainstream news- you're up to date. Go out & enjoy your day.
Posted by Susquehanna at Wednesday, July 27, 2011