Stocks are up; consumer confidence is up; what could go wrong?


Maybe the final climactic event is upon us. Maybe the final bubble to burst is the US Treasury market and maybe we are on the verge of a financial Krakatoa which will realign financial markets.

Whatever the case it feels like the calm before the storm and we are about to embark on another interesting expedition.

It’s probably nothing.

1 comment to “Krakatoa”

  • diek

    Thanks to your posting I spent the better part of the evening educating myself on Alfred E. Neuman, who is now my favorite economist as a result of his penetrating insights often summarized as “What, Me Worry?”

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