Yes Manny, wine is the cure for everything!!!
The problem is, I'm problably drinking too much wine and eating too much chocolate waiting for this steam to blow off here.
This was absolutely coming. I wouldn't even mind a little more.
But, maybe a piece of duct tape on Greenie the Weenies mouth might be a bigger help! Although, I have never been a big fan of Mr "Irrational Exuberance " his mentioning the "R" word might not be so out of line. Yes, the media always paints a rosy picture but, if you watch the yield curve, when when we get that inverted yield curve it has been a pretty good leading indicator of forth coming recession. I'm curious to see how the Weenie called this one.
The idea is not to step in front of a steamroller when it's coming at you on a one way street. There are times when being on the sidelines is not a bad thing as long as you're not afraid to jump back in.