Monday, March 31, 2014

News and Events

The world was basically quiet. Except for North and South Korea trading a lot of artillery shells, nothing much happened in the world today. Ukraine was quiet, nothing new from Venezuela, fighting continues in Syria, and Israel and the Palestinians are still trading blows.

In the U.S. things were quiet. Nothing major happened. Stocks were up today on comments by the FED chair that interest rates will remain low indefinitely. I guess if you tell an addict that they will get all the drugs they want for as long as they want, maybe they might be encouraged? The fundamentals of the economy are weak, growth is anemic, job growth has been horrible, and the price of everything just keeps going up. Eventually Stocks will reflect reality. So it was just another day in the calm before the storm.

What do you think?