Some comments on the shutdown, Fed policy and the markets

On today's market action

Today saw the S&P 500 rise for the fourth straight day, the longest up-streak since September. And that puts us up 10% since Christmas Eve. Crude is rallying too , with WTI gaining almost 5% on the day to $52.18. What's more, yesterday, investors rotated $745 million out of from Vanguard's $27.2 billion short-term bond ETF. That'…