Republic Risk: Running Late (Buy Gravity)

Thanks Verizon! You're the worst!

Equity Storm Watch Is RED on the S&P 500 and RED on the Russell 2000

Markets are still under pressure. The Fed says that there won’t be another hike (which means there probably will be another hike in a few months. I’ll just continue to urge caution until the central banks start to buy back bonds. They have reduced their tightening, and we anticipate a recovery of global liquidity soon.

Dear Fellow Expat:

Verizon is our only internet option at the townhouse we’ve rented for the summer.

It’s garbage.

It doesn’t work.

And I’ve been on the phone with them for two days. So, this is an email running off backup cellphone power and low morale. We’ll try to get things improved soon. I sincerely apologize for the delay this morning.

It was supposed to be that I was writing from an outpost in Florida, but it turns out I might as well be operating in the middle of civilization, where nothing seems to work.

Not much has changed in the last 24 hours. The Fed did argue that it’s next move WILL NOT be…