Early this morning (like is 5 AM early for an attorney to call?) my consigliere was on the line. “Seen the Futures? Hearing reports that Biden and Harris were both rushed to the WH about 10:30 PM last night…”
Yeah, well that is not likely related to the pending budget debacle which does threaten to start shuttering some (non-essential) government operations as early as tonight.
But no, we don’t know what speficially has moved on the chessboard, but our leading prospects are Ukraine may get it’s nuclear showdown with Russia, Israel will have had it with Iran running nuclear enrichment operations, or China could be massing resources on their coast because what better time to move on Taiwan than over the Holidays?
Then there were the stock futures. The Dow was down about 170, the S&P was down almost 50, but the Big One – the NASDAQ – was down 273. And that tells us the market is about to suffer a major change of investment fads as money is streaming out of the “Hot” A.I. and the Magnificent Seven. We expect quite the weekend.
But, like we have been writing for almost two months now, the Slaughter of the Elves could be set for a re-run this season. No “ho ho’s” about it. With two and a half hours to the open, our “lunch money” account is sneaking up on another four-figure gain.
Not in DC?
Rumors of presidential late-night movements are usually interesting to unwrap. But the assessment here is that whatever is going on in DC is likely not related to Trump-backed government spending deal fails in House vote. Brinkmanship is an old-school game.
On the other hand, word that Biden Expected to See Pope on Last Overseas Trip of Presidency: Report might be a useful data point. Why would a president leave just before the hand-off? I know, “confessional?” has to be on the table, sure.
The mind races, though: What would be do damned important than Harris and Biden ran back to the White House. To do actual work? On what, then? US forces more than doubled in Syria before Assad’s fall, Pentagon says, but that’s been in play for several weeks. So, set that aside. How about reports that Putin and Trump might wind down the war in Eastern Europe? Putin says Russia is ready to compromise with Trump on Ukraine war? Is Biden and the neocon cast of clowns still trying dot light off WW III so Trump will have an economic collapse AND a world war to cope with?
Russia launches massive missile strike on Kyiv following Putin’s ‘duel’ . threat. Could it all be big enough to cause the failure of Ukraine? Is it having to do with whether NATO goes into the war in force? That could be fugly.
Or, could it be something out of left field? Could they be laying in plans for the Second Pandemic with Bird Flu? You know California this week laid some of the groundwork declaring an “emergency” and now we’re tracking
Groundwork stories are popping now: Highly pathogenic avian influenza detected in Nebraska poultry And then toss in the Minnesota officials monitoring human case of bird flu in Wisconsin closely. Could be, maybe. But that wouldn’t get people coming in late.
Whatever it was (if anything, maybe the initial reports were wrong?_) what wouldn’t wait until morning to set a course of action?
No, our best guesses are likely to be wrong, so instead we will just patiently wait for events to unfold.
Although, my consigliere did mention Grover’s Mill, New Jersey.
Big Drone Story, Then?
Depends how you look at it. The feds may not have a clue since they seem unable to sort the wheat from the chaff on this: FAA drone ban hits New Jersey, but will it put an end to UAP hysteria?
All made harder to follow by reports of a Video Appears To Show Strange ‘Golden Orb’ Over New Jersey – Newsweek.
But most troubling of all is how the Bidenistas are botching (yet another) PR opportunity. Their utter lack of candor may end the democrat party if it turns out that contact with an off planet civilization was being covered up. Where The Second UAP Disclosure Act Failure May Now Steer The Ark of Human History – The Debrief.
So yes, if there was a “take me to the boss” moment going on, that would account for the strange hour comings and goings. And yeah, guess the market would feel threatened all around, eh?
Major Support Breaking
Has to come to this, doesn’t it: Money!
We would not be surprised to see the market close down a fair bit today, but then come up next week (Santa rally due) to “kiss the bottom of the yellow trend channel) and then resume the slide after Christmas.
Just looked, and yeah, still sliding. As of 6:30 AM central down 64 on the S&P, down about 250 on the Dow and the NASDAQ? Down about 360.
Big slide…
Yet Life Goes On…
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