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Peak America
Yawns on Wall Street today…
The Dow Jones scratched out a light 10-point gain. The S&P gained seven; the Nasdaq, 80.
The 10-year Treasury yield inched higher, gold inched lower.
If it’s excitement you seek, Bitcoin gained 3% in today’s trading.
But as we often note: The fleeting fancies of the market, its momentary moods, its passing passions, hold little fascination for us.
They amuse us to the verge of tears at times. Yet they do not fascinate us.
It is the grand sweep that fascinates us… the long view… the view of the eagle high overhead.