There Is No Reality-Denying, Can-Kicking Delusion Stocks Cannot Embrace, Snort, Or Main-Line

More swings in geopolitics, more Fed histrionics, and more market hysterics: yet for equities, any time is ‘Peace in our time’ time: there is no reality-denying, can-kicking delusion they cannot embrace, imbibe, snort, or main-line. Allow me to soberly unpack another volatile day, and the *very* volatile days to come.