Krypto woke up and got off the couch to nudge me this weekend. I checked her model and found, mirabile dictu, a buy signal for stocks across the board. Emotionally, this makes me rather nervous. I have a hard time seeing the markets go up in the face of a possible default by the US on its debt (possible due to Republican stupidity or ?), hence this buy seems a bit early. But what am I do do? That converse sell signal was a good one. I have to ... obey the machine.
Buying US, Pacific, European and Emerging Market stocks via index funds and index ETFs today from cash piles. Half the buying is US, the other half spread across the world.
Word of the Day
"Nescience" - noun [$10]
Nescience means lack of knowledge or awareness; ignorance.
Sentence: Is it nescience or knavery that prompts Republicans to risk the honor and credit of the United States of America rather than simply refuse to pass spending bills?