Thursday, February 27, 2014

Global situation

Ukraine is still unstable and Russia seems to be preparing some kind of military response. North Korea is flexing its military muscles and has launched some short range missiles into the ocean. Venezuela is still in turmoil. Brazil is starting to have some unrest and Argentina continues to be the poster child for national dysfunction. Japan is a financial mess and China is slowing. I think it's clear that we are going to have more problems coming our way not fewer. Unfortunately the stock market does not reflect that, which makes me think that at some point it will have a major correction. It can't fight reality forever.

What do you think?