Stocks bounced today after the big decline yesterday in part because of some optimism on earnings after last night's Alcoa beat.
The rally was a bit subdued. Let's see if more earnings come in positively.
“Blood and power intoxicate; they help to develop callousness and debauchery. The mind then becomes capable of the most abnormal cruelty, which it regards pleasure; the man and the citizen are swallowed up in the tyrant; and the return to human dignity, repentance, moral resurrection, becomes almost impossible."
Fyodor Dostoevsky, The House of the Dead
En Vacances
Occasional posts until December
LE CAFÉ AMÉRICAIN
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Soupes, Potages et Bouillons
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