We are in a No-Mans Land…

Quite frankly with what is happening in this country it is becoming difficult to think that the markets are worth paying attention to anymore.

Essentially in the markets no one knows what to do in the short term, long term the consensus is higher markets because of Bessent and Trump. That is becoming more debatable.

So, therefore the search is to find short term stuff that has real validity and is not in some sort of reflexive bounce. Tomorrow and this week will be an important time to think beyond the model just being lightly hedged to have it go into full-fledged bear mode.