"Narcissists are unstable and go through repeated cycles of self-destruction, with other people usually paying the heft of the price. They are aware of what they are doing to others — but they do not care. Narcissists tend to be divisive, vindictive, confrontational, aggressive, hate-filled, raging, incoherent, judgment-impaired, and irrational."
Sam Vaknin, Malignant Self-Love
“There are two ways to be fooled. One is to believe what isn't true; the other is to refuse to believe what is true.”
Søren Kierkegaard
"The narcissist looks down on everyone and exploits people all of his life. For many narcissists life is all about money and power. Getting more and giving less is his motto."
Linda Martinez-Lewi, Narcissist’s Outrageous Self Entitlement
"And one day, too late, your principles, if you were ever sensible of them, all rush in upon you. The burden of self-deception has grown too heavy. Now you live in a world of hate and fear, and the people who hate and fear do not even know it themselves; when everyone is transformed, no one is transformed. Now you live in a system which rules without responsibility even to God. The system itself could not have intended this in the beginning, but in order to sustain itself it was compelled to go all the way.”
Milton Mayer, They Thought They Were Free
"Peace I leave with you, my peace I give to you. Not as the world gives do I give peace of mind to you. So do not let your hearts be troubled or afraid."
John 14:27
Stocks were hammered today, with the SP setting its biggest one day decline since last October.
So much for JPM's advice to 'buy the dip' the other day, and all the cheerleading and happy talk from the financial media and Wall Street mouthpieces.
The Dollar slumped again today, even as gold and the VIX were climbing.
Let's keep an eye on that.
The cause of this was the coronavirus, which the Wall Street spin machine had been actively talking down after the initial plunge in stocks on Monday.
There was a flight to safety rally into the precious metals, but it seemed a bit subdued, certainly lacking in any panic.
Last night I posted the recent clearing report that showed buying at $1583 in the Feb futures by some of the Banks for their house accounts.
United, American, and Delta Airlines have joined many of the international carriers and cancelled all flights to and from China.
The Fed has decided to weaken the Volcker Rule even further. Well done.
My 'bullshit meter' was very active while I watched the tube and read the news today.
If yours was not you may wish to calibrate it.
The market will be watching the Chinese and other Asian markets as they open on Sunday evening.
As you know China's financial markets have been closed for the lunar New Year celebration, which had been extended.
Tonight the UK will formally engage in Brexit, although there will be a 'transition period' until the end of the year. I wish them well.
I have marked some key support levels on the equity charts.
There will be the Statue of the Union on Tuesday evening, and the impeachment vote sometime next week most likely.
"Rough seas ahead, mateys." Jesse, I See It Coming
And you have not idea how strongly those revelations may be coming, and winds may be blowing, before too long. These jokers have no shame.
Need little, want less, love more. For those who abide in love abide in God, and God in them.
Have a pleasant weekend.
