So much for a Greek deal getting "done" today, as the market had priced in for the nth countless time on Monday. Here is what happened moments ago according to Bloomberg and Reuters:
- GREEK DELEGATION LEAVES EU COMMISSION
- SCHAEUBLE SEES INSUFFICIENT PROGRESS FOR GREECE DEAL TODAY
- SCHAEUBLE SAYS HE DOESN'T HAVE MUCH NEW TO SAY ON GREECE
And so on, until the next round of buying ahead of the next rumor, until the next denial launches stocks even higher, ahead of more hopes of an imminent deal launches even more buying program, until the next round of rumors leds to new all time highs and so on, and so on...