Here Is The Hope Rally, Right On Time
Yesterday afternoon, we tweeted:
What time tomorrow do we get the hope rally? Odds are between 10:30 and 10:45. Rejection news naturally just after 4 pm
— zerohedge (@zerohedge) October 14, 2013
And on the back of a statement from the White House that Obama and Biden will meet with McConnell, Reid, Pelosi, and Boehner - but "will not pay ransom" - and with the T-Bill market police on vacation, equity markets are surging back towards green (removing once again any incentive to act).
and yet again (just as with Friday) equity markets are on their own in the buying spree relative to all risk-assets...
- *OBAMA, BIDEN TO MEET WITH BOEHNER, REID, MCCONNELL, PELOSI
- *OBAMA TO MEET WITH CONGRESSIONAL LEADERS AT 3PM, OFFICIAL SAYS
- *OBAMA TO TELL LEADERS HE WON'T `PAY RANSOM,' OFFICIAL SAYS
BREAKING: Obama to meet with bipartisan congressional leaders at the White House Monday.
— The Associated Press (@AP) October 14, 2013
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