Clearly Lucky Star wants to be in the markets as a Bull. In this photo she is pinning the Bear with a vicious leg hold.
My thinking is the US markets are trading the November elections. The defeat of many incumbents would end the anti-business, anti-freedom power of the P-O-R clique; Perhaps real spending cuts could begin, and a power shift to the common man and woman could begin.
The Ruling Classes have not suffered real spending cuts for many, many decades. The lawyers, lobbyists and rich and powerful have grabbed more and more income and wealth using the monopoly powers of big government, big corporations and big unions to seize it. Joe & Jane in the middle have gotten pay cuts, layoffs, pension cuts, benefit cuts, and regulations on their lives to the extent of mandating certain types of toilets.
If the "Tea Parties" do anything, perhaps they can START a power shift. With a good start, perhaps some intellectual leadership can deflect their forces towards Fraternal Libertarianism, where the Ruling Classes are regulated heavily and the poor are helped, while Joe & Jane in the middle have more freedom.
The time when a DC Ruling Class congressman can take taxpayer money, send a bit back to his district as a payoff to supporters and claim to be "helping" it must end. All that money should never leave the district.
Government bureaucrats are acting more like scalphunters: they grab business records and look for red-tape 'violations' of phony, inane rules everywhere, while letting the Street and hedge funds loot the public. The SEC even aids and abets them, shaping markets to let them make more and more vig every day.
Voters: Gut the Ruling Classes! Eviscerate them! Kick them all out!
I sold the last of my TIPs yesterday. The real returns on those are now less than 1.5% for 20-30 years. Why lock in a losing investment? Krypto will be a small seller of stocks higher, but be a big buyer lower. I figure the US big caps are cheap; in a pullback to 1100 S&P I will likely raise their allocation.
Word of the Day
"Regnant" - adjective [$10]
Regnant means 1. reigning (Queen regnant); 2. (of things, qualities, etc.) predominant, prevalent.
Sentence: Voters should sweep out the entire regnant class in Dc and most state capitals.