Everyone Has a Bazooka, But Does It Matter Anymore?

Today’s market above

Japan can do more, China is itching to do more, Draghi is always ready to do more, we know Yellen could always pull a rabbit out of her Sunday bonnet. Every time we get a downtick in the market, these financial engineers paint the tape with warnings to the skeptics that they “have more to do”.

Is it me or is this artificial bid (schtick) starting to wear starting to wear off?

By the way, as I mentioned at 8:30, the GDP # was more smoke, mirrors, and deception, when they figured it out, the tape rolled over.  Things could be afoot, so be careful out there.

Beware the Ides of March.

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