- One man's ceiling is another man's floor.
- Paul Simon
Conflict...
...it is essential in any good story. However, in life, a schedule of smooth sailing is ideal. The problem here is fiction, although it can resemble life, it is not life. When we have conflict, disputes and arguments in our life, it can lead to other, more serious problems like divorce, being fired and war. If, after any of these developments, we ask ourselves why and what did it accomplice? We realize, nothing.
China
It is only their ego that wants Taiwan. So, they risk death and destruction for millions, not to mention the possibility of world war to satisfy ego? The risk could tip our climate beyond help. Xi should just seek to improve life for the Chinese people like Deng Xiaoping. By the way, cut the hacking, stealing and lying. Allow freedom of thought or the world will isolate you again like after WWll.
Note: Chinese hackers erupted again, even while trade talks were taking place. We believe the best course of action is to end all relations with China. Of course, no one has the balls to do the right thing.
Russia
Hey, Putin. You only have a few years left in your life. What have you done for the Russian people? Your nation is hated by almost everyone due to your leadership? Did stealing Crimea do anything to improve life for your citizens? End your ego conflict. Seek a peace that fosters trade with the West or did you forget all the help that America gave you to keep your nation free of the Nazi's? Give your ear to what your people say and want and then, maybe, someone will mourn your death. We all have an expiration date.
US - Richest Man vs. Most Powerful
President Trump let's his ego decide his thinking. Musk is correct. Your decision for tax cuts is totally wrong. If this bill passes as is, the dollar will face a global crisis. It will be devalued. Inflation will be rampart. The interest on our deficit will crush "American Exceptionalism" for decades. Your tariffs is the right call, but use the money to improve America with infrastructure, electric grid, chips and safety on the internet. You have a chance to be great or be labeled an ego-maniac. Of course, we belive that Musk's ego is also off the charts.
Meanwhile
The battle between the bulls and the bears rages along. The bulls have pushed the SPY to within its all-time high. They are counting on a rate cut from Powell and the Federal Reserve. They gained confidence when Trump publically called out Powell for a full one point cut.
We do not see this happening. We conclude this from the bond market. The bond market is many, many times larger than the stock market. The yield on the 10-year note rose dramatically last week to 4.5%. You can also see companies preparing for problems. Citi Group cut 3,500 tech workers in China. Proctor and Gamble (PG) annouced that it is dropping 7,000 workers. We suggest that everyone rethink their position or end up asking, why? What did it accomplish? Peace.
