Suddenly, There's Been A Burst Of Good News That Markets Should Like

Sebastien Galy of SocGen writes, in regards to the latest developments: The market wanted a year end rally and it just got a nice boost over the week end. ... Hold your breath. Republicans are starting to give in on taxes (FT), China's economy surprised positively, Canada allowed the CNOOC deal for China's energy reserves, the US labour was stronger than expected and the Greek debt buy back seems to be going as hoped. Breath. Monti managed to exit and give the impression it was Berlusconi's faul...