GFP; I'll try to post Rinear's post for today either tonight or tomorrow. I've been pulling a few shifts at one of my old hospitals. Which is nice because because I've been spending up a storm. We had the crawl space under half of our house encapsulated. That cost $9K. And we're having some big trees too near to the house cut down. Big ones. If they were to fall on the house someone could get killed. Chalk up another $3500. And our homeowners insurance came up for renewal (at a 24% increase) so add in another $1400. Expensive month. Anyway Rinear said that the reason for the rally was that Central Banks all over the world coordinated to buy bonds to get interest rates to head back down. So we're in unannounced QE again. The 10 Year did drop pretty remarkably off that dangerous 4.8%. Of course long term that only adds more fuel to the inflation fires, which are much hotter than the cooked up PPI and CPI numbers that the government put out last week. The markets are closed tomorrow. Tuesday should be interesting. I'm watching UVXY closely. I'm inclined to buy more if it dips into the $18.00 range.
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