Hedging More Shortages

As uncomfortable as 2021 was, 2022 is still setting up to be even worse.  This as shortages, a trucker’s convoy over Covid, and changes in seasonal weather appear. On top of Russia proximity to Ukraine and Taiwan jitters over what follows the Games.

In the meantime, markets seem to have genuinely lost even the last signs of rationality.

A few introductory items to get out of the way first, and then into the ChartPack.  Where another “running of the Bears” took place with gusto Friday.

Really, the good news is Russia is not likely rearming Cuba, now according to latest reports.  The bad news?  Odessa Monday.

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