Something has to Change…

I am seeing more and more headwinds for the economy and the markets at this point. Something has to change, putting up big buildings and sticking a bunch of computers in them does not grow a country. As someone involved in Ag for many years it reminds me of the expensive big Blue Silos that sprang up all over America in the 1960-1979 period. Now they are called Blue Tombstones.

Four months ago, everyone said we should be buying bitcoin, gold, and stocks. Is bitcoin providing a clue about what could happen to stocks and gold?

If things don’t change?

Jeffrey Gundlach on CNBC said it so well this afternoon after the Fed meeting. Essentially, he said “the hardest thing for an investor or trader to do is to let go of a strategy that has worked well”. In the case of these three markets this year, Bitcoin, stocks, and precious metals, everything has been in a certain level of chaos, but if you acted totally based on Trump’s manipulative actions and got out as he started to go off the rails, like last April, and then got back on board for more manipulation, you had a fabulous year.

Of course, all of this was not good for the consumer or jobs, with consumer sentiment and polls pushing into a panic area.