Today is going to be an exciting day. We already learned that Global QE in ongoing when Japan, Europe, and Britain all have left their respective rates unchanged. This is the type of environment where betting against the market is hazardous to your health (and wealth). The highlight today is going to be watching how Obama performs at the G-20 meeting in St. Petersburg. Putin is not going to be welcoming Obama with open arms, but at least Obama is allowed to attend (unlike John Swiftboat Kerry). In addition, Brazil expects (and deserves) an apology. What kind of so called amigo spies on its friends? With everything that’s going on and yesterday’s gain, it’s hard to identify which direction the market will head. If we follow global markets, we are heading higher. […]