I’d like to present to you the most annoying first half of a month in human history.
Starting on Labor Day, the equity markets went into a total free-fall. Afterward, for no real reason, 100% of the fall was eradicated. Just for the hell of it.
What an astonishing waste of time and energy. I fully suspect that at some point tomorrow, it will seem like happy days are here again, and it’s going to be nothing but new lifetime highs every day for as far as the eye can see (especially if one reads the bull-worshipping Zerohedge).
I’ll simply offer this thought:
