And may main street burn in their rice pots.
The “tale of two cities” has never been so blatant. I fear, if the market continues to climb, populism will grip main street and elect the wrong candidate for President.
Keep this in the back of your mind, when building big long positions:
Wall Street will “power dive” on news of tax increases and the reworking of free trade agreements. In addition, remember, market dives occur near tops, not bottoms.
So, as Wall Street celebrates for the fuck of it, be alert enough to avoid vast quantities of ambrosia or ingest too many deliriants.
In short, I will eat my steak, but remember the days when rice was expensive.If you enjoy the content at iBankCoin, please follow us on Twitter