The Lemmings’ Final Run

We are not sure which images is more salient—the chart of yesterday’s run of the Russell 2000 to an all-time high of 1724 or the standard image of lemmings spilling into the Irish Sea from the cliffs high above.

We present both graphical images below owing to the fact that yesterday the proverbial cliff came into sharp focus on the Washington end of the Acela Corridor. To wit, the door suddenly swung open to a whole new ball game on the Mueller probe and an upcoming partisan civil war over 2016 election meddling of epic proportions.

But the lemmings of Wall Street did not take the slightest notice—-meaning that their encounter with the freezing, swirling bath below is only a matter of months or even weeks away. That is, the chart-point monkeys and the bulled-up boys and girls in the casino have reached the point where they are absolutely deaf, dumb and blind to anything happening on the planet outside their own gaming tables.