The market is obvious

in the sense that it wants to go higher and the US government would as well; judging by the FED's interest rate policy.

But like a race car going around the track, it needs to take a pit stop now and then. Usually, that occurs when the market has the best outlook and it does with the public spending bill by Obama. Additionally, the year is almost over so I'm inclined to think that distortions that are hard to follow may occur.

Of course, distortions are good if one know the value of what he is following and not trading it!