Every crowd has a silver lining.
― P. T. BARNUM
Making sushi is an art, and experience is everything.
— NOBU MATSUHISA
Good judgement is the result of experience and experience the result of bad judgement.
― MARK TWAIN
It used to be that you had to wait all year for the Circus to come to town. Now, courtesy of Twitter, cable news, and even The Gray Lady, the clowns, dwarfs and Snake Men stay in Washington D.C. and can be witnessed in the comfort of our own home.
The one-two punch of Bob Woodward’s “Fear” and Anonymous’ Op/Ed shockingly(I’m shocked, shocked to find that gambling is going on in here!) depicted a chaotic White House with a President that needed to be protected from himself… and the Country. Russian collusion now seems a stretch, but Beltway collusion is a layup. Meanwhile, the economy — oblivious to the activity in the three-ring circus — hummed along creating more than 200,000 new jobs including in the missing and presumed dead manufacturing sector.
At the same time, big bad tech was being water boarded by Congress for its aiding and abetting foreign enemies in our elections. Messrs. Dorsey and Mademoiselle Sandberg did their best to protest but ultimately waved the white flag… even though the allegations were non-sensical. Nonetheless, Twitter and Facebook shares sank to yearly lows and were a catalyst for NASDAQ and growth stocks to be slammed with NASDAQ dropping 2.6%.