i think wall street woke up after this self-induced nightmare of the debt ceiling, looked around and recognized this economy isn't going anywhere. basically folks had been in this sleep telling themselves the worst that could happen to the economy, we fail to raise the debt ceiling and we default. now, there's a lot to that. i actually think it's very good for the economy not to have the default staring us in the face just like it wouldn't be good for me to hit myself in the head with a heavy object. wall street saw two things, consumer spending was just about a zero, at least in june, and there's not -- and the game in town right now is really fiscal policy. monetary policy, the kind of thing the fed does to help lower interest rates, it's probably not going to be all that helpful now, borrowing costs are already low, firms are sitting on a lot of cash they could invest if they wanted to. one of the things the street is
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