It's getting more and more difficult to keep a straight face when discussing the so-called "markets," when they only react to the edicts and pronouncements from the Federal Reserve.
Maybe things are just better nowadays, with lower profits for the S&P 500 companies, but higher share prices. Something is going to give. Some day. Maybe.
Hump Day:
Dow Jones Industrial Average
18,526.14, -11.98 (-0.06%)
NASDAQ
5,283.93, +8.02 (0.15%)
S&P 500
2,186.16, -0.32 (-0.01%)
^NYA
NYSE Composite
10,890.01, -0.78 (-0.01%)
Wednesday, September 7, 2016
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