Inflation is high, but if you’re rich it doesn’t really matter. Since most of you reading this are poor — you should be concerned about what the Fed has in store for you this afternoon. Will they destroy you little portfolios and extend your retirement age to 100? We shall see.
The overarching move in stocks has been HIGHER on Fed days; but all good things must end and for now I am mostly cash — having closed out my hedges and some trading winners. I would like to be short, and I still might do it. But who am I kidding with this bearish demeanor — when you and I both understand the Fed will figure out a way to RIG stocks higher.
From here it’s difficult to see how they might achieve this goal, since all data points leads to us being fucked and on top of that we have a fucking brain-dead President. Not that it matters, of course. Presidents are useless figure heads for who wields the true power. In our case, shitlib mentally addled fucked for faces with satanism tendencies and retarded numerology superstitions, both vacuous and delusional to their own depravity.
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