At this very moment, I am in the baggage claim area at Charlotte’s airport. I am confronted with two simultaneous facts. One, the poisonous addiction to equity prices has so affected popular culture, they flash stock charts to the retards waiting for their bags, just to keep the disease fresh:
And, second, the fact that a senior military commander in the Middle East just got killed was enough to unwind the absolutely pea-brained ascent in Thursday’s market. The look on the faces of those who fell all over themselves to buy AAPL today at over $300 per share will be priceless.