When it comes to trading the financial markets I draw a general line between easy times and difficult times. And I think everyone here would agree that the past few weeks, and by extension the past few months, most definitely fall into the latter category. Why is that? I could bore you with an exhaustive technical analysis drilling deep into the various characteristics of a transitory market phase, but there’s a much easier way to drive home this point:
I regret to inform you all that I have returned to Valencia which of course means that I am back to tormenting you all with my daily market musings. We actually didn’t venture very far from home this time as the tiny backwater of El Campello is located near Alicante on what is known as the Costa Blanca of Spain. The location itself is pretty nondescript but as you can see the ocean views from the house we had rented were absolutely stunning.
The featured image above shows the view we found upon our arrival mid last week, but in the interim cloudy weather has moved in turning the horizon into one giant white reflector. Quite frankly I’m actually not a big fan of neither the beach nor the ocean. I just don’t get the point of aging your skin with damaging UV levels whilst constantly picking sand out of every orifice. And having been raised in the Austrian highlands I’ll take an alpine excursion over a day at the beach any day. Before you get your hopes up – all incriminating photos of me wearing Lederhosen as a young child have long been destroyed.
The MSM hasn’t exactly been short of clickbait lately as one supposed global crisis is chasing the next. But suddenly a purported ‘trade war’ between the United States and China is all rage now, and I mean that in the literal sense since everyone seems to be getting their panties in a twist about an issue that in my not so humble opinion has been on the forefront of Chinese/U.S. relations for many years now.