Predictabilty?

Like a faulty heartbeat, stock market indicators are all over the place, depending on what pronouncements come out of the White House. Yesterday saw the worst drop in many years, which, if sustained, might just wipe out people’s 401ks (retirement plans) and, according to a number of economists, might signal a coming recession.

Then again, the cynic in me thinks it could make the very rich even richer: stocks can be scooped up for pennies on the dollar and, when the markets correct, will immediately appreciate: positive gains for those who have enough money to spend…

The other thing of course is that in order for business to thrive, a certain amount of predictability is required (for strategic planning, for long term investments, etc). There is no effing way anyone can plan for anything in this climate. Again, the only ones standing to gain from the chaos are those vultures ready to swoop in and devour the carcasses of defunct businesses for short turn around gain.

On a positive note, the Palestinian protestor who was arrested yesterday has been located and will be defended by the ACLU (American Civil Liberties Union) :)