Bill Gross with the logical response to today's action. We would however add "farcical" to the list of adjectives, as even Pimco is quite powerless to stop a central bank juggernaut which as Spain's PM indicated earlier, is hell bent on pushing the market higher to "confirm" that the market actually likes the results of the summit, after saying that the "results of the summit will be seen in the next 24 hours." In other words, it is all about theatrics and manipulation. This probably means that it is safe to reshort the Leaning Tower of Ponzi in 24 hours and 1 minute.
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