Today’s goofy conventional wisdom: Merry Cliffness

Author: Jamie Coleman | Category: News

Going off the fiscal cliff is now a good thing as it will impose fiscal discipline, the chatterers on CNBC. Okaaay…

Whatever the reason, stocks are rallying and risk is rallying right along with them.

Stops above 1.3020 will be the afternoon focus for interbank and short-term hot money-types.