Reid Responds: Plan B For Broken

Tyler Durden's picture

Update - Pelosi chimes in: "Pelosi Says House Democrats Would Reject Boehner Plan B on Taxes"

Flashing red headlines which refute the market's favorable take of Boehner's words...

  • REID SAYS BOEHNER'S PLAN B BUDGET PLAN CAN'T PASS CONGRESS
  • REID SAYS BOEHNER PLAN NOT A BALANCED APPROACH
  • REID SAYS BOEHNER SHOULD FOCUS ON LARGE-SCALE DEFICIT CUTS

... but risk no longer cares about the content, and like in the fall of 2011 with all headlines out of Europe, anything flashing and red is taken immediately as positive by the algotrons, who buy first and ask questions much later if ever.