My Dogs are Hiding Under The Bed Before the Fed Rate Hike

We've got a busy week starting on Monday. Rate hikes, UPS strikes, and critical oil reports.

Download the PDF or keep reading…

Postcards July 22

170KB ∙ PDF file

Download

Download

Dear Fellow Expat:

The dogs don’t like the thunder.

Elsie, a pit-Basset mix we adopted, jumps on the bed when it booms. She builds a fort of pillows around her and then hides beneath a blanket.

The other dog, Gracie, a Chihuahua mix, gets to the point. She just army crawls under the bed.

Then she parks there. We’ve walked the neighborhood looking for her because she’s stayed under the bed for so long that we don’t remember if she went outside.

It’s that time of year… as we fade into July’s final week. Volumes are low in the equities market, and it’s the weather that's volatile.

Here, sunset gleams from the West – bright and beautiful. But to the East, the sky looks like something out of The Wizard of Oz. The booms echo across the afternoon. And if you do find yourself in the rain, it’s an odd feeling of cold water carving through the humidity. It’s all quite a canvas – something you couldn’t paint if you tried.

We wrap up a relatively dull week ahead of criti…