We’re still leaning long, but keeping position size a bit lower than normal. So far it’s been working for us nicely, and I figure it should continue for a while. But as we get closer to the December rate hike from the Fed’s, I think there’s going to be a bit of nervousness out there, and that could shake some trees.
What matters is that the world has transitioned from a pre-World Wide Web economy to a World Wide Web economy, and we are still dealing with the ramifications of that.
For 21 trillion to be missing it had to come from somewhere. Amen. 21 trillion isn’t chicken feed. That’s more than our entire US GDP for a year. So where did it come from, to go missing? Ahh, that’s the creepy part folks.