Just a quick note: I am off to some meetings and a few conferences in Canada. Partly because its business, but also because I am curious what 20 below feels like (hopefully for no longer than 3 minutes at a time).
Despite the House GOP Debt Ceiling deal, futures are flat. This is either because a) But for my travel, they otherwise would have been plus 25 on the SPX; or b) Like the fiscal cliff, the debt ceiling is much ado about nothing — or at least very little.
Back in a bit . . .