The fuck out of here with this news flow already. We win the war, we lose the war — over and over again until our brains are mush and we believe nothing on the teevee.
Stocks see modest downtick on latest report suggesting the phase one trade deal between the US & China (ETF: FXI) may not be completed this year
Stocks are almost down 200 and I don’t give a fuck. I’m 35% cash and all of my stocks are up. I cannot and will not cede to the weakness inherent in the hearts of traders. We are long overdue a vicious sell off. But will such a tragedy befall us ahead of National Festival Day? I think not.
Nevertheless, a good mind is a strong one and a strong one knows it’s best to have cash reserves during periods of uncertainty, as is the case now — judging from all of the headlines — Trump to the stump and China is filled with liars.
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