Here's something perplexing. On Monday, the stock market was up big. With the Iran chaos, it should have declined. I make my living analyzing important events, and this is mystifying.
The financial pinheads have no blankin' clue, of course, but they won't be honest and say that on television. Instead, they blather on, wasting everyone's time.
So here's what I'm doing to protect myself from harm. I have sold all my speculative stocks. Not the time for them. Too much chaos in the world. I am keeping conservative mutual funds and dividend-paying large corporation stocks. No crypto, no cloud, no trendy investments.
I do believe things will eventually calm down, and President Trump's overall vision will be successful. But that's what I want to believe. There's no special insight into his policies other than they are mostly logical.
Finally, the Iran strike was the right thing to do. No question in my mind. The world will be safer, and the message is clear: Trump isn't Biden. There will be no surrender.
See you this evening for the No Spin News.
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