Wall Street is now starting to rally higher on bad economic news, pricing in a new round of monetary stimulus from the Fed. Unfortunately this is being done on thin volumes by cynical speculators, setting up possibly hazardous market conditions.
"It is rather for us to be here dedicated to the great task remaining before us — that from these honored dead we take increased devotion to that cause for which they gave the last full measure of devotion — that we here highly resolve that these dead shall not have died in vain, that this nation under God shall have a new birth of freedom, and that government of the people, by the people, for the people shall not perish from the earth.” Abraham Lincoln, November 19, 1863