The Namby gov't release reads (hattip to pranav) more like a poorly written excerpt from a political manifesto than a thought out pillar of domestic economic growth.
I think it's a mistake to discount China's influence in this greed grab. China didn't become number two by being nice-nice with a govvie with high school level economics advisers, ie. read the web/paper to see what other countries are doing. Would China's help be ironic?
Charts have no use in a news-driven equity beyond nightmarish wallpaper.
Will the Namby gov clarify tomorrow? Will China intervene? Will the Namby economists be allowed to stay up and finish their work -- it's a school night? Will the sp quit pooping?
Make a plan -- either way -- and Stay Tuned.
OV
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Ann: Trading Halt, page-37
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