Just a few weeks ago, President Obama (and his right hand men in the Treasury) issued what was about as explicit a “sell” signal on US equities as is possible. His goal was to ‘scare’ congress into action on the back of an equity market collapse… of course, the Republicans folded with no such collapse in stocks (though bonds did implode). Today, following his “Buy Obamacare” pitch yesterday, the President delivers remarks to the SelectUSA Investment Summit – we assume his message will be BTFATH…
     |
via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/Bx92YjIQVGQ/story01.htm Tyler Durden