NEW YORK (Reuters) – "U.S. stocks opened higher on Monday after comments by a Fed official reassured investors the government is committed to helping the economy recover from a deep recession."
Translation: Look, you know this is illegitimate and we know this is illegitimate, but we hope that HOPE can become a transformational thing, with the best case being a cyclical bull market kick started through admittedly panicked, ill-guided and unproductive policy. We'll deal with the fall out later but for now, party on... we NEED you speculators to friggin' PARTY ON!!
