Yesterday, Deutsche's Jim Reid [5]was kind enough to put modern capital markets in their most proper context: "in these artificial markets the percentages are skewed towards the bulls for now." Today, for everyone confused how to navigate the "artificial market", Reid has the much needed explanation. To wit: "So far this year markets have gone down on good data, gone up on good data, gone down on concerns over weaker data and also gone up on weaker data."
And now you know everything there is to "know."