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No reason to get too in-depth on the market here as we now enter earnings season. So far, Friday’s reaction to a few big financials was less than stellar.

The market has been improving. Even the DOW and S&P are playing catch up. But, by our proprietary estimate, about 50% of the market is still not participating. For long lasting moves, that must improve.

Other random thoughts on just about everything:

The U.S. budget deficit hit $607 billion over the past 9 months. Spending on interest is heading higher. By some estimates, about $400 billion of our tax dollars will go to interest in the next year. That is a sin. Remember, all those politicians you see questioning people on the hill…are the guilty party for all this.

In another case of they think we are idiots, this dude Strzok says he was not biased. Funny guy! And if you think that session was a classic case of asinine partisanship and stupidity, just wait to see what happens if the Dems win the house.

Children were separated from illegal parents in 09,10,11,12,13,14,15 and 16 but I do not remember 24/7 coverage of the heartless Obama. I do not remember specials where anchors parked their carcasses down at the border ripping on the head honcho, top dog, big cheese.

Please do not equate the market going up with tariffs being no big deal. They are a big deal. Maybe not at $30 billion but watch what eventually happens if it escalates to the $200 billion…or more.

Trump says the EU is a foe. Say what? We think he has the wrong part of the E. It is the ECB that is the foe as they continue to keep rates negative and continue to print money. We cannot imagine what kind of asset distortions there are out there…but we will find out.

Amazon is up over 90,000% since its IPO in 1997. Barnes and Noble is down 13%.

Inflation over the past 12 months in Venezuela was a meager 43, 378 percent. Do you hear that Bernie? Two years ago, a cup of coffee cost 450 bolivars. It will now cost you one million bolivars.

In case you are worried about inverted yield curves and the market, the last time occurred in 2006.  The S&P didn’t peak for another 21 months and was up over 20% during that time.

The DEMS still have no game except to whine, complain and then when in power…taxes, regulations, fees, fines, mandates, rules and just plain old more control of everyday life. They are actually running on higher taxes. Good luck with that.

And the Mets still suck!