"If you are wise and understand God’s ways, prove it by living an honorable life, doing good works with the humility that comes from wisdom. But if you are bitterly jealous and there is selfish ambition in your heart, don't hide the truth with boasting and lying. For jealousy and selfishness are not God’s kind of wisdom. Such things are worldly, carnal, and demonic. For wherever there is jealousy and selfish ambition, there you will find disorder and evil of every kind.
But the wisdom from above is first of all pure. It is also peace loving, gentle at all times, and willing to make a way for others. It is full of mercy and the fruit of good deeds. It shows no bias and is always sincere. And those who are peaceful will plant seeds of peace and reap a harvest of righteousness."
James 3:13-18
“God has ordered the world so that we may learn to help bear another’s burdens; for no one is without fault, no one is without their burdens, no one is sufficient in themselves, no one is wise enough by themselves; therefore we ought to bear with one another, comfort one another, help, instruct, and admonish one another.”
Thomas À Kempis
The trading desks are already on auto-pilot. The senior staff are on holiday.
The junior traders are just manning the desks, keeping the order flow moving for those last minute hedges of the closing year.
There is no sense in trading anymore this year, because the books are essentially closed. Job done, disaster averted once again.
Unless something happens.
The Fed poured literally billions in hot money into the markets to avoid another sell off such as we had this time last year.
And they have succeeded in inflating the bubble in financial assets even further. The transfer of wealth continues.
The reckoning has not been avoided, merely deferred.
Next year will be one of risings and fallings, of the revealing of what has been hidden, and especially, of how the mighty are fallen, and will be beaten into dust.
The foolishness of the maddened never ceases to amaze me. Their shamelessness and misplaced pride is astonishing.
How gravely and carelessly we tempt the loving patience of God. Perhaps now is a good time to step back, and examine our actions and our consciences.
Have a pleasant evening.
