It's still garbage! In fact advancing participation has been stinking so badly this year—this on top of an ever thinning bid exposing contrived demand amidst fearlessness the bearded Confetti evidently believes his is power to command (not to mention everyone who overlooks his institution's insolvency)—that it rather appears this trash is closer to being buried than likely to carry the S&P 500 to 1900, as the squeaking empiricist Laszlo suggests, not to mention RBC's 2400. (Why not hold out for an even 5K, Rob? You think Confetti will ever stop?)
In fact this likely burial is the overriding subject of the four missing posts prior to today's. These will be published momentarily.
As for bonds being "unshortable," Dave ... don't look now but the 10-year U.S. Treasury appears to be suggesting global central banks may be on the verge of losing all control (or, more accurately, finding the world at large increasingly gaining recognition of this already well-established fact).
Oh, yes, and one other thing... In case ya haven't noticed things in Washington are getting rather hairy, and so there ain't gonna be a "grand bargain" relieving Treasury, that is if this president desires to make it to 2016...
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