Good morning STB!
The Open Championship should be a good morning watch this weekend. Glorious course that’ll challenge the best.
Sticking with warning everything is bad everywhere. China is especially bad, like really bad. I started warning about China a while back. Xi in trouble, economic collapse and population collapse (this is wild when you look onto the thousands of elementary schools that have closed over the past 5 years - apparently they took the depopulation agenda more seriously than most) not to mention their military tech is being proven to be very substandard. China is an absolute mess. Russia obviously has its problems and is almost out of money. Central banks are having to drop rates everywhere. At home we’re not in that good of shape either with recession fears and the aftermath of the Branden regime. Global instability combined with serious global economic issues isn’t an optimal combination. Shall we throw in solar maximum, pole shift, climate manipulation, earthquakes and volcanic activity?
Good v evil
On to the lie -
Minis up 5. I was down with SPX getting to 6400 but not more. Others were looking to 6800. She’s tired. I’m gonna speculate we get an 8-10% pullback soon, and we’ll see how much liquidity they decide to throw at it then. Banks across the globe are in trouble. CDS and other insurance type plays are gathering steam. Global reset coming. Cash at the bottom is king.
Have a good weekend.
GL and GB!
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