A reminder…

…from Jonathan Bernstein.

Remember, almost all of what we're seeing is either bargaining, spin, or some other form of posturing or misinformation. That's not bad -- but it is what it is, and there's no point in pretending that it's anything else.

If you think you know what's going to happen based on what they're - no matter who "they" are - saying, you should probably keep a good recipe for crow pie handy.