Disclaimer. After nearly 40 years managing money for some of the largest life offices and investment managers in the world, I think I have something to offer. But I can't by law give you advice, and I do make mistakes. Remember: the unexpected sometimes happens. Oddly enough, the expected does too, but all too often it takes longer than you thought it would, or on the other hand happens more quickly than you expected. The Goddess of Markets punishes (eventually) greed, folly, laziness and arrogance. No matter how many years you've served Her. Take care. Be humble. And don't blame me.
BTW, clicking on most charts will produce the original-sized, i.e., bigger version.
Sunday, February 5, 2017
Record-busting heat in Oz
While the Arctic is much warmer than normal, it's still cold at the moment. Well, duh, it's winter in the northern hemisphere. In the southern hemisphere it's summer, and here in Oz it's incredibly warm. Australia always has hot summers. But these are even hotter than normal.