While not offering advice, I did mention to subscribers I’d gone short last Friday. Odd things happen in the long wave economic cycles. Positions of power and influence change. With it, nations rise – and as we fear out west – they can also fall.
This will leave the U.S. to reprise the role of Great Britain in the Great Depression, which they suffered, as well. While it’s not time to put in a potato crop, start saving tires and winter clothing, it is important to have a “feel” for how overly dependent Globalism/ists have made America on least-cost manufacturing meccas.
Which is why this morning we are focused on where markets could be headed next. When events we have been eyeing could turn into something Bigly/Hugely later this month. Circle July 27th – Av 9 – and let’s see how it rolls.
We also offer timing congrats to The Economics Fractalist, as well.
Holiday memories are all we have for the next 61-days. Between Av 9 and China bond payments, we wonder what kind of “celebration” Labor Day might be.
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