As minor progress or lack of outright disaster in Japan permeates the dog brains of investors, shares in Asia are being bid up fanatically, with the NIKKEI posting a 3% move. Other markets are up, but nothing as exceptional as Japan.
US futures are ripping higher by 1%. And commodities are up across the board.
In other words: risk on.
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They are pouring trillions into the pot. It’s like dropping fresh radioactive waste onto the exposed pile of reactor #4. And the media and public have no clue…
Back to Dow 12k, SPX 1307, Naz 2700. Then we shall see…
The game must continue