Thursday, February 25, 2010

Root canal preferable to this

This morning I could not even eat my Cheerios without nearly hitting the ceiling as a spec of whole oat goodness hit the wrong part of my tooth.  So when I say that having a root canal is preferable to watching these markets go through the motions of... (choose from)

a) Full Obfuscation '10
b) Full Hubris '10
c) Full Denal '10
d) Full Tout '10
e) All of the above

I am not kidding.  I feel like this root canal will be a life changing event, since I like food and wish not to be in fear every time I have some.  So, shortly I head out for a relative good time in getting away from the markets.

The pig seems not to be listening to Bernanke, or perhaps it is.  Perhaps it is looking to get in line with the reasons that he is so gentle, and confident that he can maintain easy - read: inflationary - policy.  The gold sector makes an attempt to disconnect, but really, the gold sector has simply been a downside leader, giving some decent clues for the broad construct.  Let's see if the PM's can maintain here.