I hate when people write or say “all eyes on ‘XXX’”. Therefore, I just wrote it.
I am 40% cash, heavily long ag through LNN and MOS, with side dishes of CPST, EXK, RBCN and DMND. I’d like to say “the dick guillotines are rolling out into the city square, preparing for usage.” However, no one even knows where Bernanke keeps those things anymore. Besides, it’s summertime and Europe is as stupid as ever.
To put it bluntly, the fate of western markets lies in the east now, with tonight’s GDP numbers coming out of China.