Stocks sold off today and closed lower. Oil was hammered and is down below $40 a barrel. More details have been disclosed about the terror attack in Brussels. The Belgium Government might have known about the plot and done nothing. If that is true, is it sheer incompetence, or was it allowed on purpose? In the end it does not matter much to the people who were killed or injured. There is also a story that an Israeli company is going to help the FBI hack the iPhone from the San Bernardino Terrorists. So we have to have help from the Israelis to hack a phone? Seriously? Besides the usual debauchery and mayhem, there was nothing else of great importance in the news. Oh, one more thing. Our President is in Argentina doing the Tango.
What do you think?