Do you think O can keep his trap shut for a while and let the markets do their thing? Don't you wish Congress would extend their "earned" vacation until after the new year? Well, we know both of these events won't last long. So, how long the market will run will depend on which breaks the run with their clueless voice. Earning did fine. Retail, I believe, will look good in 4Q. The news on Europe is as bad as possible (I think) already and markets discounted for even a little more. We need to spend; China will collect; China will invest in their hobby of hoarding raw resources; commodities will rise as dollar weakens (how else will they maintain their profits); We will max out our credit cards (once more) and then scream "help, I can't pay my bills"; O will shed a tear and scream "foul, his class inequality"; Dems will run with their toilet paper to wipe his a**; Reps will hide the paper and make O smell his own crap yet another time; while the media will shop and offer their paper to hims and the Dems. The vicious cycle and ineffectiveness continues. However, concentrate on the time before the s**t hits the fan again. Think world events long-term. Anticipate the long-term positive potential BEFORE the media (NOT hard since they will focus on the trees instead of the forest). Maybe we'll close out the year before the crap gets thrown around again -- I sure hope so. But, what I'm saying is politics, media bias, and media negativity re American Capitalism will remain the markets' Achilles heel.
Hope y'all had a very Happy Thanksgiving. Now let's not be "lazy";get back to work and finish this year with a bang.
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