There is an old saying that a great way to make someone feel good is to start hitting them on the foot with a hammer. The reasoning is that after you stop, the lack of pain will feel sooooooo good.<\/p>\n
The stock market seems to be following that pattern. Consider the recent shenanigans of the U.S. president and the people around him who are pretending that he is not insane.<\/p>\n
His actions in Iran suggest that he is working very hard to destroy the world’s economy. But now there is a temporary truce.<\/p>\n
Mostly this means that the U.S. is not currently bombing little schoolgirls and other innocent people into oblivion, and therefore that the price of oil is no longer going through the roof. The peace may not last, but it’s something.<\/p>\n
The stock market is acting exactly the way that you would if you were no longer being hit on the foot with a hammer. The sheer sense of relief is causing the market to soar.<\/p>\n
I guess this is a good thing. But maybe it would have been better if there had been no hammering in the first place.<\/p>\n","protected":false},"excerpt":{"rendered":"
There is an old saying that a great way to make someone feel good is to start hitting them on the foot with a hammer. The reasoning is that after you stop, the lack of pain will feel sooooooo good. The stock market seems to be following that pattern. Consider the recent shenanigans of the … Continue reading “Hammering”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/blog.kenperlin.com\/index.php?rest_route=\/wp\/v2\/posts\/28361"}],"collection":[{"href":"https:\/\/blog.kenperlin.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.kenperlin.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.kenperlin.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.kenperlin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28361"}],"version-history":[{"count":1,"href":"https:\/\/blog.kenperlin.com\/index.php?rest_route=\/wp\/v2\/posts\/28361\/revisions"}],"predecessor-version":[{"id":28362,"href":"https:\/\/blog.kenperlin.com\/index.php?rest_route=\/wp\/v2\/posts\/28361\/revisions\/28362"}],"wp:attachment":[{"href":"https:\/\/blog.kenperlin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.kenperlin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.kenperlin.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}