The short s&p is a small position on a short pun leash. Anyway I believe a substantial bear is around the corner, I just don’t know where the corner is but I keep a starter position to remind me.
pm’s havent held gains but it is early and a Friday. Oil stocks doing well. I have XOM and CVX.
aurum
TLT is a long bond position paying about 4% interest yearly but paid monthly and hard to get into too much trouble. I am guessing some foreign bond holders have been dumping relentlessly because they realize we might freeze their holdings or no longer need dollars or they feel our finances are shaky. I bought in anticipation of the 50 basis cut not thinking about any of the above.