Futures Higher as G20 Leaders Demand Euro Zone Not Ruin the Q4 Rally

Everyone needs a rally this fall.  Everyone.

They’re making it happen.  They’ll tolerate no distractions.  Lukewarm data points will be treated as positive data points and positive data points will be received orgasmically.  Negative stuff will be tossed over the market’s shoulder and dismissed as “priced in already”.  Watch the shift in psychology – “just give me a reason to buy, man, just give me a reason.”

MarketWatch is reporting the 900th non-news piece of news out of Europe this morning…

A weekend meeting of finance ministers from the Group of 20 industrialized and developing nations in Paris saw international pressure heaped on European leaders to finalize a definitive plan when they gather in Brussels for a summit meeting on Sunday…

Past experience offers little reason to think “European policy makers [will] deliver more than expected and thus get ahead of the curve,” wrote strategists at KBC Markets in Brussels….

Hopes that European officials will deliver a comprehensive solution to the crisis next weekend helped lift European equities and propelled Asian equities to a higher close.

My god do they want this to happen, from Beijing to Brussels to Bay Street to the Big Apple.  If they can contain Europe and China can sweep enough under the rug for now, they just might be able to keep those balls in the air.  They just may be able to hold that seasonally traditional Race for the Roses this fall after all.

 

 

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. 4Change Energy plans commented on Oct 22

    … [Trackback]

    […] Information on that Topic: thereformedbroker.com/2011/10/17/futures-higher-as-g20-leaders-demand-euro-zone-not-ruin-the-q4-rally/ […]

  2. Sex chemical commented on Oct 29

    … [Trackback]

    […] Information to that Topic: thereformedbroker.com/2011/10/17/futures-higher-as-g20-leaders-demand-euro-zone-not-ruin-the-q4-rally/ […]

  3. bmo business online banking commented on Nov 24

    … [Trackback]

    […] Find More Info here on that Topic: thereformedbroker.com/2011/10/17/futures-higher-as-g20-leaders-demand-euro-zone-not-ruin-the-q4-rally/ […]

  4. truy cập trang web này commented on Dec 18

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2011/10/17/futures-higher-as-g20-leaders-demand-euro-zone-not-ruin-the-q4-rally/ […]

  5. weed for sale online commented on Dec 21

    … [Trackback]

    […] There you can find 91261 additional Information on that Topic: thereformedbroker.com/2011/10/17/futures-higher-as-g20-leaders-demand-euro-zone-not-ruin-the-q4-rally/ […]

  6. 사설토토 commented on Dec 25

    … [Trackback]

    […] Here you can find 15477 more Info to that Topic: thereformedbroker.com/2011/10/17/futures-higher-as-g20-leaders-demand-euro-zone-not-ruin-the-q4-rally/ […]

  7. 먹튀사이트 commented on Dec 27

    … [Trackback]

    […] Find More Information here on that Topic: thereformedbroker.com/2011/10/17/futures-higher-as-g20-leaders-demand-euro-zone-not-ruin-the-q4-rally/ […]

  8. เซ็กซี่ commented on Jan 09

    … [Trackback]

    […] Here you will find 64631 additional Information to that Topic: thereformedbroker.com/2011/10/17/futures-higher-as-g20-leaders-demand-euro-zone-not-ruin-the-q4-rally/ […]

  9. prediksi hk malam ini commented on Feb 01

    … [Trackback]

    […] Read More here on that Topic: thereformedbroker.com/2011/10/17/futures-higher-as-g20-leaders-demand-euro-zone-not-ruin-the-q4-rally/ […]