Stocks had a nice bounce rally today on renewed enthusiasm for risk.
It felt like a 'dead cat bounce,' but we'll have to see the next exciting episode of The Big Short Part Deux.
Gamble, gamble.
Have a pleasant evening.
“Thus, it should be understood that when pro-US figures use the term, 'rules-based international order,' they are not referring to anything analogous to the rule of law. Quite the opposite, they are using Orwellian language to describe a system in which essentially no rules can be established and/or observed, given that the dominant state has the prerogative to violate and/or rewrite “rules” at its whim.” Aaron Good, American Exception