At times like this – and the extremely dangerous period from next week through June – managing risk will be of paramount importance.
The U.S. economy looks good on paper. But as many have reported recently, it’s actually too good when labor participation doesn’t seem to add up.
Toss in holding Social Security and Medicare hostage during budget talks and not one but up to five wars – any of which could draw in global powers – and we see why living 100+ miles from any large city is the finest stress reliever there is.
Not to put too fine a point on it, but is everyone in cities crazy these days?
Main thing this morning is “chart whispering” because now and again, the stock market has a Jeane Dixon-like ability to tell us when and how trouble’s a-coming.
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