In life there are factors you can and cannot control. You have no control over investment markets. What you do have control over is the discipline you apply to the allocation of your capital to those markets.
This is the most entertaining election in US history…and the first episode of Reality Democracy, in which the only apparent goal — or effect — is to get the ratings up.
Again, not much movement in the US stock market. All eyes were on US politics.
Today’s Republicans are usually part of the problem, not the solution. They have been bought by the Deep State.
The markets have gone berserk because the Chinese authorities have gone berserk by increasing credit by a berserk amount.
Readers just joining the conversation should know where we stand: elections are insipid rituals. They have little to do with the way the country is governed.
The markets have been dull lately. US stocks were up a bit yesterday…after being down a bit the day before.
The uncertainty around who might win the Presidential election usually gives stocks the shakes for a few months.
The topic of the government pressing private businesses for sensitive personal data is getting some much needed attention.
Yesterday, investors drove the Dow 258 points — more than 1.5%. But the most interesting financial news concerned tech darling Apple.
In the old days, the conservatives believed the US government was the devil at home and an angel abroad. The liberals believed the government was an angel at home and a devil overseas.
The Federal Reserve is an instrument of the Deep State, not of the people.This sounds conspiratorial.
Longer term China will be a much more advanced economy. But in the coming years it has to deal with the debt overhang from its recent stellar growth.
At today’s prices, stocks are already so high, there’s not much mountain left to climb.
The Dow dropped 208 points yesterday — or about 1.3%. After last week’s pause, it will be interesting to see if the selloff resumes.