In an effort to present my thoughts on where we might be in the markets and the economy right now, please allow me to recount an experience I had as a wee lad. I was about 11 or 12 years old. A birthday party was coming up for another kid who was younger than I, and we were going to have a party for him at our house. Persons who should have known better placed me in charge of baking the cake. I was old enough to be trusted not to start a fire, but I found out there's a big difference between being a non-pyrotechnist and being Betty Crocker.
Mom bake many a cake and things always went swimmingly.
I had even helped her make them on numerous occasions, with nary a problem. She reminded me of a few particulars before she left, and then I started in on the cake. It was early morning, the party wasn't until late afternoon. Then, like any normal person, I went back to check on the progress of my cakes. I opened the oven door.