One of my favorite cartoons of all time is this simple beauty from Roz Chast:
It seems clear that the world has three new certainties, which I believe are as follows:
- Apple (AAPL) will hit a new lifetime high each trading day;
- The Japanese Yen (FXY) will be at a new low each trading day;
- Any market weakness will be reversed by a few off-the-cuff words from a Fed member.
