Stocks went sideways today on very lackluster trading ahead of the Non-Fulltime Payrolls Report tomorrow.
To paraphrase Charles Dickens' Mr. Brownlow, the Fed is an ass.
Have a pleasant evening.
"what should you do to avoid being an idiot or a swine? Merely this: You should do something great, you should lay aside all the foolishness of a more of less long existence, you should become resigned to the fact that you will seem ridiculous to a race of janitors and bureaucrats if you are to enter the service of Splendor. Then you will know what it means to be the friend of God. The friend of God!"
Léon Bloy