Bloomberg trumpets All Clear Sounded as Markets Shrug off Multiple Black Swans.
So now they are even conjuring the most dreaded term ('Black Swans') in the financial market lexicon, as the caricature we call the main stream financial media once again get back on the job of mis-directing the public.
My caution to a bearish stance (as I felt markets were rolling prior to Japan) was the violent upset that the events of the last week had injected into markets. Lot's of opportunity for spin and bullshit to get into the analysis. Lot's of opportunity for bull touts.
I think there is only one Black Swan, and it is swimming in a cesspool filled with the leakage from 55 gallon drums - thousands upon thousands of them - containing toxic debt. It is toxic and there is no cure other than default through inflation. But I digress... There is a market to manage.
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