Don’t look now but signs of fall are peeking through this morning. It’s misty and cool with a slight breeze like an early fall day. I’m sure it won’t last but it’s a nice break.
Robi and Robert come tomorrow and Jagger comes home Saturday, then Ty leaves Sunday and I leave Monday, coming home Tuesday. Wine arrives by air on Wednesday (along with the house cleaners) and the photographer comes Thursday and then I’m sure people looking to buy a house on Friday. So there you have it.
Lots more work today for both of us but I guess tomorrow is supposed to be a holiday. Lori is closing the office around 1pm and then we’ll spend the rest of the day cleaning the house.
Lots of pressure around here these days but I’ll spare you all the details. Whatever you imagine, multiply by 5 and you’ll be close.
Now to the economy, check this out,
The “Smartest Money” Is Liquidating Stocks At A Record Pace: “Selling Everything That’s Not Bolted Down”
Submitted by Tyler Durden on 07/02/2015 – 06:23
Buyout firms conducted 97 stock offerings in the second quarter, more than in any other three-month period. “It’s clear that we are currently in an environment of frothy valuations,â€Â said Lise Buyer, founder of IPO advisory firm Class V Group. Her disturbing punchline: “The insiders – those with the most knowledge – are finding this a very good time to take some money off the table.” In an echo of Leon Black, Frank Maturo, vice chairman of equity capital markets at UBS AG, said, “Private equity is selling everything that’s not bolted down.”
I hope you don’t think you’re smarter than the top fund managers in the Country. These guys make a living only if they are right more than they are wrong, and ALL of them are selling now! This means stocks, bonds and liquidation of any security that is basically not cash or precious metals. You’ve been warned, time is running out. If you’re still heavily vested in stocks, wake the fuck up! (we’ve all heard that word before, right?)
Guess I’ll run, have a great day, God Bless