Palpable? Folks are close to puking out here.
Friends and I went on a boating, hiking, eating outing today. The sun was out, Spring in the air, and all was fine with the world except for one Nasdaq smudge. It is as if the Nasdaq crashed on Friday.
The talk on the boat was about gloom, chatter during lunch was about doom, and then all napped on the way back to Aberdeen Marina, dreaming of execution plans for Monday, no longer caring to wait around for Boom.
Friend's birthday dinner tonight should be similarly uplifting.
I think the big picture is making folks nervous: picturing, 1998, the Fed drops rate, the Administration drops tax, and ... the Nasdaq would have zipped to 15,000. Now, it did not. The reluctance of upward motion is unnerving folks. |
