The French markets are leading Europe lower today and U.S futures are taking on the feeling of despair, as investors throw in the towel, very afraid of what Grandma Yellen might say tomorrow.
Oil is slightly higher and copper is down by 2%. Banking concerns are rife about the internets, as men of Twitter pretend to be banking analysts, declaring bank holidays are just around the corner.
Frankly speaking, this is the type of despair an opportunistic buyer looks for when allocating assets into weakness. For the year, I am down 1.8%. I am in a 75% cash position, with the other 25% in TLT. I will be buying the morning blood.
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I was looking at the mkt between 1928/29. Anyone else? Also 1933/47. Putin is in a hard place. Lng war on the horizon?
War is always on the horizon, gentlemen.
Oversold bitches!
Gostface Killa om Fox Business
Our real enemy ain’t Iran or PRNK, it’s socialist Europe (extra Bern).
Why not invade them first and fix their f’d up financial system?
Just bought insurance on your ark.