It’s nice to see kids start their path.
We’re waiting to hear from a number of others, but they’re in the upper upper stratosphere. His impressive previous work (two Senators, one House Majority Whip, a Senate Committee, etc.) might make the difference. We’ll see. For now, no worries, one good one in the bag.
He should be allotted affirmative action as he is in a minority: Caucasian male with moderate Eisenhower Republican tendencies (unlike his right wing neo-libertarian Ron Paul admiring nutcase father, lol).
Back to Econ.
B of A, pretty astute, says yield curve control on the way. I think it’s inevitable because, obviously, debt is out of control. Even small increases in yield will mean severe disruptions. Although when control will happen is the most pertinent question, now is time to price it in.
zerohedge.com
More:
moneyweek.com
What to do?
Commodities? Probably too late.
Real estate? Maybe.
Financials? Yes.
Gold? Yes, definitely, market handing us a timely gift.
BTC? Who knows, time will tell. Possibly/probably a huge winner if you can handle extreme volatility.
Big tech? A cooked goose.
Oil? Yes.
‘70s and ‘80s seem to be the template. |
