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8.2.2017 Bookmark

8.2.2017

Good morning all, welcome to Wednesday. 

Remember a while back I was saying that the Bank of International Settlements was making noise that it was "time" to start taking some of the excess out of the market? They meant it might be time to start "normalizing" things such as rates, and reducing asset balance sheets. Well the markets have ignored them. Here's a blurb about what the BIS was thinking:

3.22.2017 - Financial Intelligence Report Bookmark

Why Does This Happen?
 
I want to be in a good mood. I really do. I've got a great wife, two good kids, and I like what I do. In fact, my wife, who's been connected to the medical industry for over 25 years, has bought a home healthcare business in Punta Gorda, FL.  For the first time in her life, instead of working for someone else, she'll be working for herself. So obviously I want the future to go along well. I really do.
 
But I'm also not a couch potato sitting there listening to propaganda pushed at me by ABC, CBS, MSNBC, etc. I know what's going on around the world, and as much as we'd all like to sit back and figure that Trump's going to do good things and help rebuild some part of America, the future is fraught with problems. Big ones.

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