23 August 2019

Stocks and Precious Metals Charts - Now They Know How Many Holes It Takes To Fill Jackson Hole

"The fragile wants tranquility, the antifragile grows from disorder, and the robust doesn't care too much."

Nassim Taleb

“The tyrant is a child of Pride
Who drinks from his sickening cup of
Recklessness and vanity,
Until headlong from his high crest
He plummets into the dustbin of hope.”

Sophocles, Oedipus Rex

It was a risk off day, as the markets succumbed to a triple dose of Powell, Xi, and finally the coup de Trump.

There may be a raucous time at the G7 meeting in France starting tomorrow.

The joint communique could be interesting, if they manage to put one out.

The short term trading environment looks to remain rather frisky for the foreseeable future.

Precious Metals option expiration next week.

Have a pleasant weekend.