hello pezz, today's report
(i) i have a busy day today, two docs to formulate, and then shall travel to europe later this evening, read, feed, watch movies and / or sleep along the way, and, after arrival, rest up for 8+ hours, have dinner with host, sleep some more or watch tv, participate in morning meeting, then get on afternoon flight in time to get back to hk before end of saturday.
(ii) given that i have a predisposition to panic (i.e. i like it), that the stars are now aligned, the marked crowds all over this planet have been set up with several generations of paper obligations, and we have a clear view that both hyper inflation as well as diaper deflation must happen, sooner the better, later the more dire (it is like saying we shall be struck with sinkhole and then a tsunami), so it may be time to panic, calmly, but panic now
in the mean time, just in in-tray,
"Latest from Arch (see attached). Highest rated forecaster according to Hulbert in the past decade. Cardinal Cross.Very rare.Not good. ... He presented along with Jim Grant to the anti-Fed faithful. Impressive, if he's nuts he hides it even better than Grant. My advice-sell everything. Except gold. And bottled water.
It's rare the most brilliant forensic economic minds (D. Roche,N. Ferguson,K. Rogoff) entirely agree with the 'lunatic fringe' (A. Crawford, R. Prechter, R. Russell) on the immediate future direction of equity asset prices.
Proceed with great caution."
cheers, tj |
