Topsy-Turvy

I dreamt that somehow I had come
To dwell in topsy-turvydom
Where vice is virtue – virtue vice
Where nice is nasty – nasty nice:
Where right is wrong and wrong is right
Where white is black and black is white.

— W.S. Gilbert

Philly Fed prints negative, a huge miss to expectations. Stocks are bought and bonds sold – because of course the Fed will try to lower interest rates by doing more QE, or less tapering, which in fact will cause interest rates to climb.

Talk about insanity. Collapse coming.

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