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Seems to resonate with current market situation
compounded by the "-tys": uncertainty and absurdity.

https://www.youtube.com/watch?v=DCtouot15cA

vez

FWIW, I occasionally read & listen to Brian Lund. A recent weekend summary, the panel all said that it is still a bull market.

On the Monday daily update, he said -- like so many say -- that you must leave your politics at the door in your investing.

Then he went on to talk about the market action over the last couple of weeks, and said "We elected a President that likes to talk, a President that talks in ways we are not used to. We elected President Noise. The market reacts too quickly to the noise. But the market is learning that President Noise is going to say things, and that the market is learning to ignore the noise."

https://www.thelundloop.com/p/daily-update-0210202...×tamp=82.6

The general commentary is free, the last part of the daily videos with predictions is for subscribers only.

"Then he went on to talk about the market action over the last couple of weeks, and said "We elected a President that likes to talk, a President that talks in ways we are not used to. We elected President Noise. The market reacts too quickly to the noise. But the market is learning that President Noise is going to say things, and that the market is learning to ignore the noise.""

I agree with this full heartedly. Too many people let politics cloud their investment judgement. Fact is the wheels of industry keep turning regardless of thoughts trapped inside your own head. However, when that noise starts to hurt your ears you feel pain and damage gets done. When the world starts to tune you out and hence turn it's back on you your brand (products) become less popular. When terrorist attacks start happening again because of obtuse vitriolic rhetoric not grounded in reality it complicates the market place. When you take a meat clever to surgery you end up also cutting out the good parts that help you sustain life. When you concentrate power in so few the masses tend to revolt.

So I while I completely agree with Brian Lund I sure do worry about where all this is going with President Ludwig Von Mises at the helm!

So I while I completely agree with Brian Lund I sure do worry about where all this is going with President Ludwig Von Mises at the helm!

Ken Fisher, going back at least the 30+ years I have been reading him, has *always* said to be agnostioc about politics in your investing.
I have made a lot of money and lost a lot of money both when my favorite party was in office and out of office. Luckily I internalized Fisher's stance long before our portfolio had 2 commas.

That said, we have been in a bull market 16 years. That's a very long bull market and statistically we are long overdue for a bear market/crash.


(Oh, man! If you think that Trump is a von Mises guy .... I don't know what to say.)

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