Since it is Tuesday, and since the bubble formerly known as the "stock market" is once again completely disconnected from reality, fundamentals, math, logic, gravity and everything else, and watching its relentless climb higher on nothing but central bank liquidity tsunami and attempts to hit any remaining upside ES stops is about as exciting as watching Bernanke print electronic money, here is a small diversion courtesy of @911Buff [3]:
- NEW JERSEY: PHOTO - GARBAGE TRUCK DRIVER SNEEZED, LOST CONTROL AND SLAMMED INTO HOME.
And the result...
[4]
Somehow we are confident that GETCO's headline scanning algos just interpreted this as stimulative of US Q2 GDP, and pushed the S&P to another all time high, even as the S&P is approaching a nausea-inducing 17x multiple on ever-declining 2013 forward S&P earnings.