Postcards: Dumpster Diving in Santiago, Chile
The Presidential election in the Florida Republic would be highly unconventional, but it always ends with the same fireworks. Meanwhile, we need to look at a "generational" opportunity abroad.
Market Update
There was ample profit-taking in today’s trading session, and we saw energy, industrials, and tech stocks take a bit of a hit. The lack of volume for the day is a bit concerning, as buying pressure abated while some investors took gains. Be careful. we’re still barely above the 50-day moving average on the SPY. Wednesday’s been an ugly day, so watch how traders approach Tuesday’s trading session.
Dear Fellow Expat:
The first iteration of Postcards from the Florida Republic arrived in August 2020, a few months after the pandemic started.
At the time, the idea was what would happen if Florida had to survive as its own nation due to economic and political fracturing caused by COVID.
We summoned the ghost of Sir Gregor McGregor’s Florida Republic name - and started writing about what our refuge nation might resemble.
We didn’t take ourselves too seriously with our libertarian bend.
As I’d noted, the election to the Florida Republic would come every five years.
Here’s the orig…
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