Oct

3

There's always a bull market somewhere. Right now it's seemingly in long bonds and the dollar. Both of which elicit howls of skepticism from the muffin-top crowd. As for the stock market, I noticed that the sagacious British stock market pundits posted signs throughout the London Underground, warning investors to: "Mind the gap."

[Definition of a muffin top: A person, or group of people who, consistently and unprofitably, call tops in markets. After getting their faces schmushed multiple times, their countenances bear an uncanny resemblance to a blueberry muffin top; and their demeanor bears a resemblance to pickled herring (in wine sauce. Not cream sauce).]


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