Isabella Flores de Oliva
“God creates out of nothing. Wonderful you say. Yes but he does what is still more wonderful— he makes saints out of sinners.”
Søren Kierkegaard
"In concentration camps we watched and witnessed some of our comrades behave like swine while others behaved like saints. We can remember the men who walked through the huts comforting others, giving away their last piece of bread. They offer sufficient proof that everything can be taken from a man but one thing: the last of the human freedoms — to choose one's attitude in any given set of circumstances, to choose one's own way."
Viktor E. Frankl
"Sin is not a distance, it is a turning of our gaze in the wrong direction."
Simone Weil
“The ordinary life is like the life of the saints. They all seek satisfaction, and differ only according to the object in which they hope to find it.”
Blaise Pascal, Pensées
"The only real tragedy, at the end, is not to have been a saint."
Léon Bloy, La Femme Pauvre
Stocks had another wide ranging day, finishing mostly to the downside.
The Dollar fell back a bit off yesterday's grab at the 109 handle.
Gold and silver bounced back after six straight trading days of decline.
VIX was largely unchanged, hovering just below its 200 DMA.
I think we will see the risk markets continue to waffle back and forth until some additional guidance is given to them regarding the Fed's intentions, probably this Friday at Jackson Hole when Jay Powell speaks.
Having no burdensome memory, and paying little attention to even recent history and reality, allows a people to go forward as if each day is brand new and open to their imaginative creation, without worry, moral impediments, and shame.
In some ways the very definition of psychosis, formerly known as the 'lunatic fringe.'
O brave new world, that has such people in it.
Have a pleasant evening.
