EconomyConcernFagging…

The DOW tanking because of Turkey is BS. Late summer is weird when it comes to trading anyways. Low volume. Traders and rich people are on vacation so when there are a few large sell orders, the Lagos kick in. Plus, a 200 point drop is not even 1%.

On another note, the DOW is range bound for now. The tax cuts were priced in in 2017. Remember the DOW is forward looking. As the money and power is removed from (((them))), volatility kicks in. We have been spoiled for years with low volatility where index funds are king. We are back to more normal volatility where hedge funds can make money.

Third, quit only using quantitative (fake) data! Use qualitative data too (ie observation). Is there more than normal large construction projects occurring? Are people doing more to their houses now than before? Are more people in your neighborhood flying American flags than before? You get the drift. Real data is right before your eyes.

Finally, quit selling fear porn with the gold and silver. If SHTF, gold and silver are worthless unless you have enough to start a bank. Does China have problems…yes! But when China sneezes, the rest of the world does not catch a cold. China has systemic issues they have been pushing off with capex on ghost cities. It needs a rebalance. Does Turkey really matter? No. It only matters because the already fucked Italian banks have some bad Turkish sovereign debt.

Quit economy fear porn concernfagging.