We're moving beyond that -- the market's almost immune to the scandals now.

It was almost a sure bet that the Fed was going to raise rates in June. Now it's almost a sure bet, say 50-50 at least, that they won't move in June.

Almost every quarter I can remember people have come up with reasons to explain away earnings gains. The truth is that earnings are doing better, and the hope is that, because earnings are improving, companies will begin to hire and spend money on technology.

It's almost as though we're getting a crash, and it's coming at us one stock at a time,