Tuesday, February 11, 2014

Wall St Loves Yellen

...and debt. It appears that GOP leaders in the House will imminently increase the debt limit again without any spending restraint whatsoever! Some are even suggesting that they suspend the debt limit for a decade!

Dow is up 136 points in a parabolic climb! Bullishness has never been stronger, not more extreme. The very existence of it increases risk.