February 4, 2002. Markets took a dump on Friday, but was UP yesterday. And right now the DOW futures are UP an amazing 362 points.
The Core Portfolio is now at 14.6% in cash. Over the last few months, we have been taking profits in positions that have shot up. IF, IF the virus situation gets worse, we will be building the cash position even further.
The energy positions are taking a hit as oil demand is DECREASING. For the good news, we received numerous dividend payments at the end of the month.
There a lot of American companies invested in China, and we are expecting significant declines in profits over the next few months. Now is the time to limit the risk. We are NOT anticipating buying anything unless we come across a huge bargain.
Can you believe the caucus mess in Iowa. The Democraps really screwed it up.
If Slow Joe is late, calls Amtrak to hold train lol:
Schweizer, in an interview on Wednesday with SiriusXM’s Breitbart News Daily with host Alex Marlow, said that dichotomy is represented by Biden being known for riding Amtrak home every day but also by his habit of holding up the train whenever he was running late.
“Yeah, Joe does ride the train all the time, but if Joe’s running late, Joe calls Amtrak, and they hold the entire train until Joe shows up, which is great for Joe [but] the other commuters are probably going, ‘What the heck’s going on? Why is the train not moving?’” Schweizer said. “So that to me represents the dichotomy between the image we have of Joe, which is Amtrak Joe, and the reality of how he abuses that power.”
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