Some vital investment themes:
- Shipping - reinforced optimism. Trump "deal" with Xi changes nothing. And other shipping sector events reconfirm the need for massive shipbuilding and port investment in the US and for the US.
- US Supreme Court - almost all decisions are bad for markets.
- A Framework for anaysisng bubbles! It looks like any bubble burst could be as bad as 2008 but not 1929! Read why!
- Behind the Tariff Theatrics, the New Cold War is being delineated as a nuclear arms race. China's strategy is ultra thought through. The BOA Constrictor Strategy will of make strategically autonomous economically (militarily goes without saying). But China aims to make its trading partners eonomically strategically dependent on Chinese supply chains.
- The BoJ is the ultra TACO central bank. The Yen will stay weak a while longer,
Asset changes are all in the Wealth Preservation Portfolio. It appears at end of the report. The weeks changes are in red.