Locator: 44830INV.
The market at 10:17 a.m, ET., Friday, June 2, 2023:
The debt ceiling bill: some call it a kabuki dance. Not me. I call it a Charlie-Brown-Lucy-Van-Pelt-football joke --
- entirely predictable
- several frames leading up to the anticlimactic finish
- Charlie Brown: Lindsey Graham
- Lucy Van Pelt: Nancy Pelosi
The ending of this story was so anticlimactic it was not even the headline story in The WSJ today. The headline story:
Debt bill is passed with incredibly little fanfare. Not even mentioned over at Drudge. I think it was passed before midnight, days before the "x-date."
Question:
- which party controls the White House? Which party controls the US House? Which party controls the US Senate?
- if any of your answers included "the GOP," you're not paying attention. LOL.
GOP caved; Lindsey Graham said he would kill the bill. I didn’t even see Lindsey’s name in any headline after the bill passed. Senate fast-track method was incredible — no fanfare, Schumer steamrolled this. The news media certainly didn’t see this coming. Or they hyped it to sell newspapers. As if anyone really cared.
VIX: trending toward 15. Whoo-hoo! The market at the open:
Oil surges, as predicted, once the debt bill passed:
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