Today is an unfortunate anniversary of 9/11/2001. World was never a perfect place to live. And, it never will be. There have been groups of people all over the world that do not believe in values that plural democracies share willingly.
Should we erase them from the face of the world or should we learn to live with them, with minimal erosion of our own values ? This is a question, whose answers will divide us for a long time.
Educating them is the simple answer. Killing them from the face of the earth is not, if we still wish to go to STARBUCKS in the morning for a double shot of corrosive caffeine.
Markets...
The MARKETS look horrible. The highest possible reward for buying is DJI at 14000, even if federal reserve cuts the interest rates. The clear path for markets is to go down.
The MARKETS look horrible. The highest possible reward for buying is DJI at 14000, even if federal reserve cuts the interest rates. The clear path for markets is to go down.
So, you can keep cash. Money market funds are yielding north of 4%. Or buy some ETF's like DOG that will go up, as Dow Jones Index falls.
Recommendation...
---Learn to take losses. They stop bleeding and pain on wrong positions.
---Reduce market exposure.
---Buy negatively correlated ETF's like DOG etc.
Looking forward to cooler weather in Houston, as October rolls around.
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