Now stock the larder. Fuel the cars. Dust off and straighten up the place. There’s no telling yet where the next inflection point will be, so breathe and watch.
Wait and maybe decide. If having decided, then move like lightning. Swift and sure. Smooth is fast.
The more I consider this Caliphate in the desert, taken together with what is shaping up to be grim news worldwide for a while, the more certain I am that some artful patience could be just what the doctor ordered.
Ze market, she is crazy right now. She is full to de brim with loose money. She is dashed hither and yon with news from the far reaches of the earth. She has no security and no clear plan beyond, “Wait for it…”
This jet airliner in Ukraine is the bad news the market was waiting for. If you didn’t already follow my recent advice, you might only lose the last few inches in gains. Otherwise, ouch.
Metals will reach for the sky if the fan gets hit. Oil should spike too. Capital will flee to safety. T-bills should rise. Yields drop. Yellen may have to open the spigots again.
Watch for the attack on the dollar. And watch the China seas. Now’s as good a time as any. There are only two years left to cement gains.
I’ve written here before that the schooling which the United States is likely to receive for the next two years is bound to sting a little.
It’s unfortunate, but it’s not the end of the world. The American people will not evaporate; Canada will not suddenly turn into an island. The sun will continue to shine and the earth to rotate about it.
All the indices are down a chunk this morning. Metals are up. Is it time to run for da exits?
Israel v Hamas is always bad for the market. I think people are wondering if this might not be the start of the Big Event.
You know the one, it ends in a groaning zombie apocalypse after WWIII. If so, it probably would be a good idea to take the cream off the top of this delicious beverage of a bull run and go home.
Recently, I said that being a middle-American in 2014 might not be terribly dissimilar to having been an average Brit as the pound’s rule was coming to an end.
After all, it probably wasn’t too unbearable to have been a citizen of the empire, with income received in the predominant currency. One might learn new languages. Travel can be enlightening. The well-rounded individual is always a pleasure. Continue reading The United States is not Great Britain→