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John Rubino and Quinton Hennigh return. Fearing another “taper tantrum” Janet Yellen gave Wall Street's screaming infants their candy. Abruptly the DOW shot up over 300 points. That hundreds of billions of dollars should be created or destroyed with a single word like “patience” is beyond ridiculous. But then Keynes told us that economics isn’t about reality. It’s about animal spirits. So relax, smoke some grass, and enjoy the ride Ms. Yellen is providing. Not only did stocks soar on the Fed spin of last week but so did gold and oil though curiously copper did not participate. John will pass o
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