I see markets are doing just fine without me — edge-lording higher and what not. Now I have the horrible task of driving back home — 8 hours of non-stop grueling repetition, only interrupted by the occasional traffic jam. When I enter DC, I am pretty sure I’ll hate life — since that God forsaken place is always jammed tight with cars.
About mid-way, I’ll stop at Richmond for more BBQ and stuff my gills with meats of dead animals, recharge, and then continue. But before I can do any of that, mind you, I’ll need to make a few quick stops around here — placate the masses, and get a bite to eat. One of the great things about living in a densely populated area, like The Research Triangle, is the amount of quality restaurants one could visit. Where I live now, there are only a handful of reliable places and the high end spots are a good distance away. I know that living to eat is awfully stupid — but while driving around and sight seeing — there’s not much else to do to past the time.
As for stocks — they’re trending higher and nothing can stop them. All you have to do is place money into a diversified basket of stocks and then sit back and watch them increase in value. As long as oil is grinding higher, edging towards $70 WTI — all is well and good. I suspect, however, oil could start to harangue the consumer at around $85. But by that time, we’ll all be so rich and fat here, none of it will matter anymore. Our oil stocks will careen higher and all of the other ancillary plays, your little distractions and river boat gambles, will soar towards levels not thought possible.
Ok…heading out now. Wish me luck.
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