Biblical Proportions

If one wanted to, one could get pretty depressed just listening to the news. Food shortages are taking place all over the world.  The price of gas if rising by the hour.  Researchers have said that a AIDS vaccine will never happen.  And perhaps most discouraging to me is that Hillary may actually be the next president.  Notwithstanding this horrendous background of ill tidings the stock market has acted pretty well this week with corporate earnings, for the most part, being better than expected.  However, the most recent bad news seems to be that the Fed may actually UP interest rates in an effort to stabilize the free-falling dollar, and curb price inflation.  I know that earlier this week I turned bullish and so far I’m right.  However, not much conviction in that point of view today, with events of Biblical proportions being played out on a global basis.

Leave a Reply

Your email address will not be published. Required fields are marked *