Good Morning, Let’s Do Thursday!
Our dear friend, Dougie will be off today and tomorrow. In his stead, I, Sarge, will be your backup quarterback today. I will hopefully remind you more of Earl Morrall or Jeff Rutledge than Jameis Winston. In reality, I actually do think that Winston will prove himself up to the task at hand, but Monday night was rough.
OK, you and I must contend with an ugly selloff across the bond market that is impacting stocks as oil prices have started moving higher again. I covered all of that in this morning’s Market Recon column, which you’ll have shortly. More importantly, as Presidents Trump and Xi prepare to meet in DC, Iran does not appear to be any more compliant than the last time we checked in. Let us proceed.
Let’s do something physical to get the blood moving. If you’re up to push-ups and crunches, by all means, have at it. For the rest of you, walking the dog might be a lot. You do you. Then, we’ll meet back here with that second or third cup of coffee and we’ll get after it. This money isn’t going to make itself.
Positions: None