What a fuzzy world we live in and it's a perilous one at that, basically hanging by a thread (economically speaking and maybe socially too). Still 'leaders' like to instill confidence in a collapsed world, even when they repackage decay and sell it back to the market. The market is currently buying it, but for how long?
Err on the side of caution as we move into the next quarters of 2009, everyone knows the US banks are insolvent, Asia exports markets are barely functioning, a global tax shortfall will ensure people will be poor for decades and unemployment numbers seem to make no sense (note Australia's ridicules jump into robust employment, after a brutal decline last month). So your gut starts to figure out something is not quite right a big sell off is on the cards, or something else.
What ever the case, when some idiot politician says the worst is behind us even though global growth been crunched. I always think of the 'Wolf' and that immortal quote from Pulp Fiction:
"let's not start sucking each others dicks quite yet"
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