Thursday, November 13, 2008

Fireworks from Afar

Paulson seems to have switched gears again and there is no end in sight for the seemingly bottomless pit of bailouts. Compound this with the wildcard of a new administation's policies and you have a perfect storm of uncertainty. Interestly, bad news can be just as positive for the markets as good news so long as it's just that - news. Uncertainty, however, is as toxic as the assets we've been hearing so much about.

Just sitting back and watching the fireworks.

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