As you well know, our “government” somehow managed to cobble together a stopgap funding bill which allowed these lumbering waste-of-everything bureaucrats to operate for another pitiful six weeks until they all go through the entire charade again. This completely surprising news on Saturday, however, caused euphoria among the 99.999999999% of humanity known as permabulls and compelled them to slather the web with gleeful taunts, laughing hysterically at anyone foolish enough to “bet against America“: (as if THAT was a bad idea)……..
Some folks didn’t bother taking the time to create an illustration, since it only took a few well-chosen words to get across their point.
And, naturally, Zerohedge, which from 2009-2021 was a steadfast ally to the bears but which, once the market peaked, decided to become Goldman Sach’s mouthpiece, chimed in as well:
Well, the news DID jolt the market higher, so good job, fellas. We bears sure are a bunch of simps.
Fast forward a few hours, however, and the picture begins to change.
I guess it’s finally dawning on people that just because a hulking bureaucracy is allowed to gluttonously consume all your spare dollars to be wasted on weapons and the slovenly who don’t even want to work isn’t necessarily The Greatest Thing Ever. Thus, the selling has resumed.
Want to make me even happier? Break that red Fibonacci.
