Tuesday, November 23, 2010

Climateer Line of the Day: Optimism Edition

DJIA down 139 at 11,039.
Today's winner of the prestigious CLoD award goes to commenter Econmessed:

"So if I catch your drift, you're suggestion concern over our current situation.  Hmmmm.  Let me digest that one.
The FBI is executing warrants on Wall Street, the Koreans are chucking explosives at one another, Europe is oscilating in a vortex of financial implosion, we have structurally high and persistent unemployment, a housing market that continues to erode, record deficits, two open-ended wars, a mortgage-backed securitization problem emerging of epic proportion, Federal Reserve monetization of debt as a primary monetary policy, States and municipalities in financial peril, and Bristol Palin on the verge of stealing the election....
ALL THE INGREDIENTS FOR A MASSIVE RALLY!!!!!!"
-At Zerohedge's "European Bloodbath Intensifies As Spanish Bond Yield Hits All Time Highs, EURUSD On Verge Of Going Bidless" post.