Hedge Fund CIO: "The Market Doesn’t Care About Health Care. Poor People Care About Health Care"

Zero Hedge

From Eric Peters, CIO of One River Asset Management, here is a topical anecdote, as well as a review of the key events in the past week.

Weekend Notes

“Where’s the beef?” bellowed Biggie Too. “Health care, regulation reform, tax cuts – where’s it at?” continued the Chief Global Strategist for one of those too big to fail affairs.

“You boys were always gonna face this moment,” barked Biggie, sliding into a slow groove.

“But here’s the thing brotha. The market doesn’t care about health care - you know that. Poor people care about health care. And the market doesn’t care about poor people. No one cares about poor people.” Biggie nodded, smiled, a big golden smile.

And pulled out a roll; crisp $100 notes. “The market only cares about taxes, regulations baby. It’s all about the Benjamins.” 

Overall:

Cont....