Friday, April 7, 2017

US attack on Syria, Russia threatens

After playing the cat and mice game for a couple of years training and helping the anti al Assad "moderate rebels" US found itself in a tough spot, the Russian decisive intervention with ground troops, navy and aircrafts for the Syrian goverment. The long chain of following battles meant the same number of victories for al-Assad forces including the much discussed battle of Aleppo.

Currently the US backed "moderate rebels" are losing the war by a wide margin, their controlled territory shrinked considerably. So it made sense that their patrons, US, would look for a pretext to intervene and turn the tide or at least try to. This pretext was the possible use of chemical weapons by the government forces so it triggered a missile attack obliterating a Syrian airbase.

Of course Russia reacted strongly and condemned the attack, they don't like competition and al-Assad is to important to them as an ally to allow him deposed of power. Let's see the consequences...

Monday, April 3, 2017

When will the DJIA bubble burst? Dow Jones or Down Jones?

If you haven't been paying attention to the stock market lately (past few years) or never checked it let me assure everything is was peachy. DJIA (Dow Jones Industrial Average) went on steroids after Trump's winning the elections and it's at historical heights. Actually it passed the 20.000 points level, a fact considered impossible only a few decades ago.

But what goes up must come down no? And the current environment starts to look awfully close as 2007.  Stocks goes up and up, everyone knows the best tip and your doorman even shares it with you. Everybody is happily buying to get those huge profit margins like the guys who cashed last year. However those guys aren't buying anymore.

The Trump victory really encouraged the last spark of the markets so the fall is now only a matter of time. Make sure it doesn't catch you with your pants down.