Ok, who’s ready to grab the new week by the…
Well on Wednesday, things got worse – and materially so.
“Today’s turmoil in the region’s tech stocks was sparked by the sell-off in their peers on Wall Street last night.”
That would be the biggest exodus of overseas money since August 11, in the immediate aftermath of “fire and fury.”
Ok, look: if you’re still hungover from a combination of turkey, greasy mashed potatoes, and copious amounts of not-quite-top-shelf red wine, it’s time to snap out of it because last week is melting into this week as tends to happen historically on Sundays.
“…the nagging fear that the boy who cried wolf was only telling the truth when everyone had learnt to ignore him.”
There’s always tomorrow…
Famous last words? “The long-term history with this situation is that it’s a lot of posturing and not much reality.”
Don’t worry about the orange man.
Come one, come all.
“I cannot — yet I must. How do you calculate that? At what point on the graph do ‘must’ and ‘cannot’ meet?”
“On the other hand, there’s a serious amount of scary, or at the very least, disappointing, happenings out there.”
The read-through there appears to be that Trump is discovering why it’s difficult to draw “red lines.” You draw one, someone crosses it, and then you either have to bomb them or back down.
“Either way, you gotta be super smart to run a country and sell vol. buddy, okay? It’s not easy.”
And it got still more ridiculous.