Well, the ostensibly important CPE came out, and its boring prediction of 0.1 was matched by the reported number of 0.1. Whatever. Let’s move on to the debate blowback, which is epic, starting off with the stock I did a post about yesterday which I thought might be one worth watching……..
All my quick impressions of the debate last night seemed to have been birthed this morning as clips and memes. This highlight (lowlight) reel below captures the Biden wipeout succinctly:
When I saw the First Lady heaping praise on her husband last night, my immediate thought was, “This is what a Kindergarten teacher sounds like when she wants to encourage a poor student which managed some tiny feat.” It is patronizing to the Nth degree.
…..and the equity futures are celebrating………
