The Week That Was (22nd - 27th November, 2021)
"The establishment of a central bank is 90% of communizing a nation." Vladimir Lenin
Volatility is the fee you pay for wealth creation
Life has been tranquil over the last 18 months. The biggest down day for the S+P 500 has been about 5% (?). That’s not common.
The poor tape on Friday might unnerve investors but their resolve won’t be tested for long, I think. Markets tend to do quite well after VIX spikes like it did on Friday.
I continu…
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