The market is ripping higher today based on the delusion that a combination of (a) fake statistics generated by Trump-installed shills in data-generating departments of government and (b) lower interest rates are both going to make the market rage higher until the end of time. Nope! Indeed, government data will soon be completely ignored, since people will recognize it as manufactured for political purposes. What a crock.
My big winner today is On Semiconductor (ON) which is down about 10%. Here are some views.
Incidentally, do you realize that kind of crap passed for entertainment back in the 1980s? We had it rough!
