It’s deadline day, which means you’re either reading this in the morning while you wait for the action to kick in, or it’s the afternoon and most of what follows is already out of date. Either way, I won’t waste your time with thousands of words of deadline analysis, because soon it won’t matter. The day is here. Let’s settle in and watch the fireworks.
That’s assuming there are any since the weekend was quiet and several big names are already off the board. But we do this every year. Deadline day seems like it might be a dud, almost nothing happens before noon, and then we end up with 20+ trades by the end of the day.