September is here, and I suspect the correction is now underway. Fed is going to drop rates in 10 days, probably by 25 bp, which some people think is good – but rate cuts always happen ahead of (or alongside) a plunge in risk asset prices. Things don’t go to heck in a straight line – we will probably see many rallies during the overall decline. During downtrends, supposedly we should be “selling the rallies”. The first hour of trading is known as “amateur hour” – little people get sucked in to buy or sell at exactly the wrong time. Given what happened on Friday, I’d expect the market to open down on Monday, sucking in the little people to sell, followed by a rally post-amateur-hour. Not financial advice – just my speculation.
Actual Health
Four Multinational Conglomerates Own the Five Main Plants where 95% of America’s Meat Supply is Processed. [Sep 6] (source – flccc); “There’s light in a legal loophole….how would you like to own a quarter of a cow? Maybe even half? And because you own a share, the processing can happen locally, and all the cash is then kept in the local economy, and best of all you “Shake your rancher’s hand”. That’s the motto of The Beef Initiative, a wonderful organization determined to connect you to your local food system.”
Invasion
LEAKED: U.S. Army CUI Documents Reveal Expanding Threat of Venezuelan Criminal Organization ‘Tren de Aragua’ Across NYC and Denver [Sep 7] (source – jamesokeefeIII);
“Election” 2024
Trump promises to release Epstein ‘client list’ if he wins the election [Sep 3] (source – telegraph);
Right-wing influencers were duped to work for covert Russian influence operation, US says [Sep 4] (source – apnews);
Hunter Biden story is Russian disinfo, dozens of former intel officials say [Oct 2020] (source – politico);
