Stock and bond valuations are high, and 'The Recovery' is flopping around like a Weekend at Bernie's.

But the money masters would like higher rates, and an ever stronger dollar. The better this will serve to let them roam about overseas and across the land, picking up income producing assets on the cheap.

I would feel better if they just said they will raise rates a couple of times just for the hell of it, and it won't matter because none of the stimulus is making its way down to the general public anyway.

Next week should cast some light on earnings.

Have a pleasant weekend.