All is not perfect in this surreal stock market as nerves begin to jitter and bulls begin to sound like bears. Yet, euphoria continues to push prices to new heights past omens and disasters and in spite of failed legislation.
Summer began with a total solar eclipse that cast a long shadow across the nation and threats of nuclear holocaust, which continued into a fall of hurricanes, bloodshed and fire. Through it all, the euphoric stock market barely blinked.
When you call the White House, don’t be surprised if they answer, “Kushner, Cohn, Kelly and Munchkin” because the People's House has become an establishment wonderland run by Democrats and/or Goldman Sachs and by military brass.
As the stock market moves into its historically worst months of the year, it faces credible threats of nuclear annhilation, a debt ceiling crisis in a completely divided and dysfunctional congress, and anti-QE by the Fed. What could possibly go wrong?