I heard from the world wide web that Wall Street got bullish today and CNBC helped pimp it. Here is proof:

Yes the same Wall Street ‘research’ teams that littered inboxes less than 30 days ago with their 50 page research reports about the coming depression.

I have a feeling I know who will be buying stocks on this ‘news’ and who will be selling stocks on this ‘news’.

Forgetting all the noise for a minute, while CNBC ran endless daily ‘markets in turmoil’ the last 45 days, the money on wall street that never sleeps was at work repricing assets.

Yesterday, the banks felt it was the right time to let you in on all the moves they made.

Welcome to the markets.

PS – if you are mad about how corrupt the markets and the banks ‘seem’ w.r.t. stocks from just the last 30 days, multiply it by 100 when you think about the high yield bond market and the FED which saved some losers from almost certain death.