Well, today’s the day they roll the old biddy out in front of Congress to say whatever she’s going to say to try to keep the house of cards from collapsing a few more weeks, days, or hours. I’m not as worked up about these things as I used to be, since central bankers are rapidly being exposed as the feckless, bumbling clowns that they are, but yesterday I did trim back on some shorts since the juiciness of profits was outweighing the opportunity for much more downside. Prudential is one fine example:
