"It's time for more nation building by Lockheed Martin"
This week, the Dow made a new high unaccompanied by any other major U.S. index. Worldwide, the Bombay Sensex and Hong Kong Hang Seng helped the EM index re-tag cycle highs. And as I write, Bitcoin is making a parabolic run higher...
The reason why the Dow made a new high this week is because defense stocks, particularly Boeing are overweight in the index. And the market duly sensed that Keynesian bombing of foreigners is Trump's only remaining fiscal policy option. The fact that his cabinet has half the Pentagon in it may have contributed to that assumption. He now has no less than three generals in the White House (Mattis, McMaster, Kelly). This week he compared them to waiters in a failing restaurant, which went over like a turd in a punch bowl. Like all draft dodgers, the doorknob-in-chief is compensating for a dearth of military experience by playing Xbox general...
These Washington leaks are getting out of hand...
Boeing
Emerging Markets:
Let's try this for a third time - this time with zero hedging and at the end of the economic cycle...
BitCasino (weekly):
Fortunately, as of the casino being closed, risk is "record low"
"I don't approve of his behavior, but I trust him with my future"
