RISK AVERSION IS THE PLAY

In a market like this, during late summer, you’re not likely to see fireworks. Instead, you’re likely to see a grueling and repetitive narrative play out as asset allocators shift money from one idea to the next. Gone are the days of high growth and small capped stocks powered by Biden’s ESG dreams. What we now have is KR and CPB and slow old companies, like Biden, who pay out dividends to their lazy shareholders.

The market is rewarding sloth and stagnation — the opposite of excellence. Betwixt all of that are runs in vaccine stocks — because basic human rights aren’t permitted lest you take your medicine — a medicine, might I add — that does not work and is not protecting people from contracting the virus or dying from it, let alone the thousands of people who are dying and/or getting injured from it. In other countries, where there are less bootlickers and more honest people, like Singapore, they’re paying people instant settlements for taking the vaccine that came with the occasional heart attack. In Europe Poland is doing the same — establishing humanitarian based slush funds to compensate people for their pain and suffering for getting a vaccine they didn’t need, nor want, up until the fuckheads in the media and in government put a gun to our heads and said “take this or starve.”

In America, the very notion of vaccine side effects or death are dismissed as conspiracy theories and shouted down by the bootlickers who suck on all of the dicks in Washington DC. These same people will tell you the war in Afghanistan went according to plan and as long as there are a few women in power in Kabul — all is fine.

Markets are poor and the country is rich. We’ll find a way to rig prices higher — but for now I am hiding in large cap — but eager, as always, for a break higher or lower, makes no difference to me.