Disclaimer: this is not an investment site.
If this is a bear market, I want more of it. LOL. BRK-B up over 5%; UNP over over 2%. Despite:
- oil plummeting
- Fed threats of faster rate increases
- chaos in Washington, DC
- Brexit
- Trump-Putin summit
- mainstream media telling us the world is coming to an end
- Soros
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Machts Nichts
Two days of testimony from "the Fed." The "beige book" is released.
And the market reaction? F.L.A.T.
Before the "beige book" was released, the Dow was up 70 points. After the "beige book" was released, the Dow was up 70 points.
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On The Other Hand
Iran. There are suggestions that sanctions on Iran are starting to be felt ... in Iran.
China. And there are more and more stories that China will come to the table sooner than later with regard to the trade war, T+48.
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