UPDATE: NASDAQ BACK TO SESSION HIGHS BECAUSE FUCK YOU.
It was a nice open, but it’s all dust now — as the market descends back into hell and anarchy. The price action today is especially deleterious because oil is off by 4.6% too. This sort of trading is on par with RECESSIONARY DOLDRUMS and we should soon expect to be ENTREATED with bad economic news.
I’d also like to rattle off a series of comments made by Putin today.
What exactly is going on here?
The West meddled in Ukraine and thought Russia would do nothing and just take it — because hubris. Russia invaded Ukraine and the west went all in with supplies and financial weapons, but failed to plan ahead in terms of needing Russian energy and food supplies and now find themselves in a position whereby their ally in Ukraine is losing 1,000 soldiers per day against a barrage of Russian artillery and now facing down the barrel of zero food and energy coming from Russia as a result of this rift. This isn’t even about the war per se. This is basic planning and the western countries are ill equipped to fight a war against Russia, let alone fight a financial one when the winter is coming and the cold winds sweep through Germany.
The fact of the matter is, and this should come as no surprise, Russia is winning the war in Ukraine and due to the logistics of the situation there is very little the United States can do about it and it’s astounding to me to see these mistakes being made over and over and over by seemingly incompetent people, unserious people. And now we deal with the consequences of their poor and corrupt leadership.
Markets are down 220 Dow and the NASDAQ is barely up, having given back more than 150 NASDAQS since the open. I am 10% FAZ, 10% TZA and 80% cash, down by 30bps.
RUSSIAN STATE TV: IS IT TIME TO DROP THE HAMMER ON DEFENSELESS GERMANY?pic.twitter.com/rujYi5HVFF
— The_Real_Fly (@The_Real_Fly) June 17, 2022
LAVROV ON BORIS JOHNSON AND TRUSS SAYING THEY MUST DEFEAT RUSSIA: “GO ON THEN AND DO IT” pic.twitter.com/EZqfr2NpBk
— The_Real_Fly (@The_Real_Fly) June 16, 2022
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Russia’s mano-a-mano with Ukraine is proving to be one of the most challenging military conflicts ever.
Mountainous, rugged terrain, plains, forests, beaches, sea, rivers and lakes. Densely populated urban areas and industrial works.
The Ukrainians making them fight for every last inch, using a scorched earth policy when in retreat; planting explosive devices in chemical factories and land mines in forests. Shelling civilian population centres in the Donbas, reducing cities there to rubble.
Tanks, rockets, cruise missiles. Signals intelligence that can pinpoint enemy targets with great precision. In WW2 there were spotter pilots to chart enemy troop movements but today both sides use hundreds of drones.
And yet the Russians just keep relentlessly advancing. The Ruble this year is reportedly the strongest currency in the world against the dollar.
This has got to be worrying western elites.
What a cocksucker!
All the letters littering yur shitty write-up, point to admiration and rooting for russia and disdain for the West. Let me get this through your thick, stoooopid maga head. The West doesn’t loose. The West baited that rotten brain weasel, putin into this, and he fell for it. He himself drove russia 200 years back and a few short months from now, they’ll beg you to buy their oil (and everything else they have, including their women) for pennies.
This is russias Vietnam to the power of 5!
and just in case I forgot to say this: You and everyone with this kind of traitorous views have decayed brains and are cocksockers!
“The West doesn’t loose.” That mangled sentence about sums you up. We may lose, however.
The West that didn’t lose was led by people like Roosevelt or Reagan.
Our alliance is helmed by a geriatric parade of clowns; rainbow makeupped purple haired weirdos, men in dresses, feminists playing pretend and an assortment of mousy cowards who don’t even understand why attacking your own supply chains when you aren’t energy or food self-sufficient is a bad idea.
We already lost, Helen. We can’t win with people like you.