joke with Adam regularly by phone about the angle of these markets with Janet seeming to prefer higher angles.
Somebody on Twitter (@wexmark) produced this beauty channeling the thoughts of Adam and Myself.
Yep – Janet and Draghi and Kuroda and the SNB have managed to get us to a straight-up 90 degrees for the past month. Woo hoo!
Now if they could just get that to 89 degrees or less we can see if they have manged to create a time machine!
When this bursts…OMG….we should all remember this was an act of policy, not an accident.