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A Whiff Of Desperation
The Fed may have threaded the proverbial needle this week, but the follow through suggested tension
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This article makes a case for reducing risk by raising cash in portfolios
I went for a walk through a nearby shopping center, and parked there was a bright red monstrosity, a hulking vehicle reminiscent of a Humvee crossed with a Mercedes SUV, but with ultra-low profile tires and gold wheels. I looked more closely and saw that it was a Lamborghini, the ugliest Lamborghini ever made, I reckon. Do young boys sit in class idly drawing pictures of these SUVs, the way we drew pictures of the Lamborghini Countach when I was young? I guess Lambo and Porsche and Ferrari know their markets…and I reckon also that there are more people around now who have more money than they know what to do with.