Market Completely Oblivious To Potential Iran Conflict
Even though it's all over Drudge on the top of the page. And what about North Korea? The North is now cancelling the 1953 ceasefire that ended the Korean War. That's a BFD. And no one is even talking about Soviet Bombers buzzing effing Guam.
The market is being completely stupid here about these geopolitical risks, throwing all caution to the wind amid Helicopter Ben dumping his cheap dollars from on high. One day we will wake up and the Dow future will be down 1000 pts. on one of these or other conflicts brewing.
I told my wife about Guam, and she didn't believe me until I showed her the article. Russia also placed it's nuclear forces on high alert. The MSM is SO over-the#$%$-top pro-Obama that they don't mention what would've been headlining news and a major crisis 5-years ago. You people are completely asleep at the wheel. I've never been so afraid of the real risk of World War 3 and nuclear war as today. The ObamaZombieBots are giving him a Noble prize?!?!? for _reducing_ ?!?!? the risk of nuclear war? You've got to be flipping kidding me.
I have, doubled down today at the highs. Cost averaging certainly helped mitigate losses today. I'll take puts any day when the market is 3 sigma above its mean over the last month. Completely irrational given the tense geopolitical environment. Heaven help us when a conflict does happen, because we have effing Obama as POTUS, the worst President in the history of the nation!
If he couldn't manage Benghazi, how the hell will Obama do with one of these big conflicts? It's a foregone conclusion that we'll all be fked.