INFLATION WORRIES RACK TRADERS WITH WORRIES — STOCKS COLLAPSE

I was supposed to be bullish due to the CRM earnings and then the reality of the situation set in once again. This time I was caught hooked long — a believer of sorts — pretending to be optimistic in a world on the precipice of collapse. I am still hooked, long with 85% of my assets and down 2.3%. In an odd sort of way, I am happy to have some variety in my daily routine. Some adversity is good for the soul and should help me feel under pressure, which is when I operate best.

Natural gas is soaring, up 7%, and the war in the Ukraine is looking bleak for the west. The outcome to this ordeal might go as follows:

The West thew all of their wonder weapons and support at the war and still lost.
Russia cedes control over the region, places their puppets in charge.
Russia gains an economic stronghold on both food and energy and use that power to cajole European nations.
Pax Americana ends.

FIN.

This is what we are looking at now — a spiraling economy with supply shock along the way to keep prices ARTIFICIALLY HIGH. In a sense, they aren’t truly artificial, but based upon economic output the price of oil should be coming down. The fact that we are at war with the largest producer of oil, grain, and fertilizer places the west in the inexorable position of having to either produce more on our own and risk the ESG mafia getting angered — or simply do without.

Into the final hours of trade, I am going to hold tight to my longs and hope for the best! I will of course hedge the close.