Spot on Mr. Mannarino. Markets go higher. Hell the ^vix hit 8's recently; I believe another .25 basis point increase in key prime rate is baked in as well. Just one more for the year. Two, or (for heavens sake) a full point increase may do so damage. Also when they do their typical debate about raising debt ceiling in fall, some damage may occur. But the government worker/ welfare slave complex must continue. So federal government will agree for another 6 months. Also Korea is just old news. I hope they don't attack any country as they did South Korean (island) in November 2010. Yet that did little to rattle the markets as compared to the great buying opportunity on May 6th that year. Who knows what that nutty country will do? But I think it is obviously factored in after today's close.
Thanks for all you do.