No. of Recommendations: 2
We are treating them as such and are going into survival mode with investing.
I'm content to sit in utilities and consumer non-durables, that throw off a nice divi. Only things that could be deemed "cyclical" are an S&P 500 index fund, which was trimmed a bit, and my position in USian big oil. POTUS brags, repeatedly, about all the tankers heading for the US to load up. Those ships will be picking up for customers who are bidding against USians, for that US produced oil.
Right now, bubblevision is showing WTI at $104.30, up $7.73.
CENTCOM says the blockade starts at 10am, EDT tomorrow.
As Tim used to say, "stand by for heavy rolling".
Steve
