[G.Mason]

I have no reason to think so, nor do others that are in the know. FUBO & Co. will most certainly continue the policies that have wrought this disaster. They have a mandate from their "children".

From Denninger's article ...

" ... As things stand today I have no confidence whatsoever that The Obama Administration has any intention to act according to law any more than George Bush's Administration did.

As a consequence until and unless the government's position and actions change my "base case" economic forecast must remain bearish and over time continue to grow more bearish; without the 2/3rds of all capital that is private in our economy, even with supplanting of that capital from the government (to the extent it is able) I believe we are looking at a potential 30% contraction in GDP from top to bottom and unemployment reaching north of 20% on U-6 (broad form), with the very real possibility of a 20% headline number ... "

[Right Cal Gal]

As things stand today I have no confidence whatsoever that The Obama Administration has any intention to act according to law any more than George Bush's Administration did.

Because of course, under George Bush, the stock market hit 13,000 not once, but TWICE.