30 July 2018

Stocks and Precious Metals Charts - Economic Theology - Data Heavy, Knowledge Weak

“To love. To be loved. To never forget your own insignificance. To never get used to the unspeakable violence and the vulgar disparity of life around you. To seek joy in the saddest places. To pursue beauty to its lair. To never simplify what is complicated or complicate what is simple. To respect strength, never power.

Above all, to watch. To try and understand. To never look away. And never, never to forget.”

Arundhati Roy

Stocks continued to show weakness today, led lower by the big sled dogs in the Trumpolini Rally, which is big cap tech.

Gold and silver finished largely unchanged despite a weaker dollar.

We will be getting quite a bit of economic data this week in addition to earnings reports.

FOMC on Wednesday, and Non-Farm Payrolls on Friday.

Trumpolini wants to give an extra $100 Billion to the wealthy by unilaterally changing the capital gains tax without involving Congress.  What a swell guy.  Always thinking about the other guy.

The billionaire class could use a little extra walking around money.  And we can always cut meals to the infirm, elderly, and school kids to pay for it.  It's a win-win.  Enriching the pigmen and culling the herd.

We will be getting rain almost every day this week, and so I spent the morning in the pleasantly less humid prelude finishing up some yardwork and outdoors chores.

Dolly maintained her vigilant watch, and made sure no one bothered the reclining chair while I was otherwise engaged outside.   It is what she does best.

There was commentary today titled Economic Theology.

Need little, want less, love more.  For those who abide in love abide in God, and God in them.

Have a pleasant evening.