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Friday, March 29, 2024

Comment by zeroxzero

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  1. zeroxzero

    StJ / looking up in Europe:  "Looking up"  seems to be a pretty scarce commodity right now.

      Let's see — Japan is tanking, Europe continues to tank [Germany having gone down with the EuroShip as well over recent months], China is tanking big time we read today, and commodity producers around the world [Brazil, Latam, SE Asia] continue to tank.

    Russia, aka "Upper Volta with missiles" , which produces and exports absolutely nothing of a value-added nature and relies entirely on oil exports, is tanking badly while killing top foreign oil executives with Speznaz-trained alcoholic snowplow drivers, while the U.S., bastion of political and economic freedom and stability, had its stock market felll off a cliff briefly and has been in high-alert-for-further-tanking-threat since mid-September, while the U.S. bond market yields dropped from 2.6 to  2.2 in the equivalent period…..and I'm still long equities?? 

    Changing diapers and mixing formula at 4:30 am is, admittedly, addling my brain somewhat but perhaps I should be selling the pops and buying canned food and ammo instead of equities.



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