Watching

Last week was a big week with a lot of opportunities. Now we are watching what evolves.

It is good to see one hand in the trifecta of manipulators, the FED and its crossbred team of Black Rock and Goldman Sachs, show part of the plan.

There is a “very, very high risk” of a US recession, Goldman Sachs Senior Chairman Lloyd Blankfein warned over the weekend. “If I were running a big company, I would be very prepared for it,” he told CBS’s “Face the Nation.”

So, what to fade is front and center.

A big thing in Ukraine…

The closing of McDonalds in Russia is probably the most significant thing that has happened since the start of the war. Not having a quarter-pounder is a bigger deal than any of the sanctions. Ukraine may be closer to victory than anyone thinks.