RIP Phife Dawg from a Tribe Called Quest. Growing up in the sewers of Brooklyn, this was one of my favorite groups in the late 80s to early 90s. A little later on I got into the gangster rap varietal and was entreated to the melodies of Onyx, DMX, Wu-Tang clan and many others. Phife died today and had been dealing with a variety of health concerns, diabetes being one of them, for over a decade. I believe he received a kidney transplant in 2008 and was on record saying he was addicted to sugar.
It might taste sweet, but sugar is an insidious poison that should be avoided, whenever necessary.
Today’s big story was the breakdown in commodity related stocks, like VALE and FCX. They represent the pseudo reflation trade that was promoted by all of Wall Street’s finest sophists. Just yesterday, James Cramer went onto the teevee to declare a bottom in the commodity trade and even suggested significant upside lied ahead, in spite of the indelible facts on the ground stating otherwise. A reasonable sequitur to all of this outward promotion is the presence of invective money changers wholly interested in getting liquid on you.
I really do believe there is a media conspiracy designed to take advantage of the layman, which is why iBankCoin enjoys its unbridled popularity amongst the unwashed masses.
My char-wallah greatly appreciates my candor and I am sure you do as well.
In closing, I remain long TLT with 25% of my assets and short XLE with another 50%. For the time being, the rest is idled in cash. I am as bearish as a bear can be and pine for the days of ominous clouds shrouding the horizon.
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i’m eating NSRGY dark chocolate toll house morsels
Oh, no! I hadn’t heard, thanks for the post. I’ll have to put some Midnight Marauders in rotation.
I am mostly cash these days – 401k holdings and future contributions are full money market. IRAs are long ERY TZA TVIX only. Fun account holds ERY April call, AMBA April call, a few LABU June calls, and a couple SHAK April calls for which I have no excuse.
Catchy beat.
RIP Phife, legend
Tribe had a classic vibe and sound that embodied NYC at that time. There sound and flow was about as real and original as it gets. RIP Phife
Bullard speaks tomorrow which should help ease the panic for a few hours tomorrow morning.
If you’re long anything stupid, go ahead and take that chance to sell
Bullard is a Hawk, will help our bear case. This entire week fed heads have been trying to talk down Grandma Yellen’s remarks.
Chart Voodoo.
Grrrrr! Market goes down.
You’re right about sugar. And I might add many other things. Eating correctly can be a challenge. Sorry to hear about the death of an artist you love.