We live in uncertain times, so get out the dart board. The monthly trade deficit hit a new record (hope we`re still collecting tariffs....aww what the heck it doesn`t matter anymore) . But the question is how long will the dollar remain the world reserve currency? Does any other country want the burden? I mean all this Titanic deck chair moving of (my charts say the dollar`s gonna do this & that) that`s all short term stuff. As Gretzky used to say "where`s the puck gonna be and that`s where I`ll skate".
Until the day of reckoning, $2 trillion spending bills will be bulled through congress to goose the economy ahead of the 2022 mid terms. Foreigners keep taking the printed money and sending us flat screens .."there`s one born every minute" but will they come back to the tent for the 6 o`clock show?
Bill Gates and the billionaires are buying farmland, as ag commodities is one of the few things we produce that the rest of the world actually wants. Wayne, I have a feeling, that is where the "puck is gonna be".
