The Empire strikes back.
After six down days markets were ripe for a short squeeze rally. The Fed Governor Lockhart mad another speech Monday. You’ll remember it was just last week he suggested “September would be appropriate time to raise interest rates”. This week he didn’t mention “September” in his comments which was enough to stampede the herd. Beyond something “symbolic” the current crew running monetary policy at the Fed may never raise interest rates. They’re all a bunch of easy money Keynesians.
There wasn’t any economic data to assist bulls as they were free to ramp markets higher finding little resistance.
We finished the best price for generic cialis month of July with a fat 42% gain in the