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Why Is This Woman Smiling?

|Includes: XLP, Health Care Select Sect SPDR ETF (XLV)

Another Fed meeting has come and gone with Wall Street analysts scrutinizing every single word in the latest policy statement. "We are still waiting for the data to be good enough to warrant a rate hike". As Wall Street puts a positive spin on the latest statements from the second most powerful woman in the world, she can only smile, knowing how much do-do the United States is really in.

Instead of listening to Wall Street pundits (whose jobs depend on convincing investors that all is well), or believing fictitious government statistics (designed to keep politicians in office), or watching two up-days on the markets, observe what is going on in the world, then decide what is real.

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Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.