G-20 Summary

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For those who might have missed the pivotal G-20 summit over the weekend, I'm pleased to provide you a summary:

(1) Twenty large industrialized countries spent several tens of millions of dollars gathering together for a showy meeting;

(2) After a well-publicized all-night session, the exhausted delegates issued a press released stating that they were all going to Try Really Hard To Work Together For a Better World Economy;

(3) Four minutes and twelve seconds later, the entire affair was forgotten, and the markets returned to exactly what they were doing before (e.g. soaring Euro; soaring stocks)

Incidentally, you can change just a few of the words above and read my Preview Of Next Week's Election without me having to bother writing it.