So that’s it, is it?
A huge jobs disappointment is terrific news and the DOW is up 150 points for it. A big disappointment and tacit admission that they’ll never grow into their valuation by Towers Watson sends the stock higher today by 3%. Tesla is producing cars that are worth less than their same model used market. Germany is running a bigger trade surplus than ever, which in no way harms the EU nations which will probably need to be restructured again this year. Asia is fine. Yellen is super cool. The Middle East is fine. Russia is fine. Sochi is fine. Draghi is fine. We’re fine. It’s all fine.
Did I miss anything?
You know what. I like making money. I guess this is fine.If you enjoy the content at iBankCoin, please follow us on Twitter