Wall Street loves it when the US blows shit up
It's been a few hours now since we expanded our imperialist aggressions back on the Afghanistan-Pakistan border.
Do our "friends" in Islamabad really condone this sort of war-mongering 200 kilometers from their offices? From a government that doesn't recognize either the Cold War (Tillerson on "this is the low point of US-Russia relations") nor Hitler (Spicer--everything about that dolt)?
Ignore that question. Our government doesn't know where Pakistan is, I'm certain.
Meanwhile, a la The Great Game, we're piling carcasses upon the carcasses of previous generations of western invaders.
But one group that loves this scary and dangerous development is Wall Street. Why is this? I thought the day 1 lesson on every on-line CFA exam prep course was "risk is the denominator in value."
Do our "friends" in Islamabad really condone this sort of war-mongering 200 kilometers from their offices? From a government that doesn't recognize either the Cold War (Tillerson on "this is the low point of US-Russia relations") nor Hitler (Spicer--everything about that dolt)?
Ignore that question. Our government doesn't know where Pakistan is, I'm certain.
Meanwhile, a la The Great Game, we're piling carcasses upon the carcasses of previous generations of western invaders.
But one group that loves this scary and dangerous development is Wall Street. Why is this? I thought the day 1 lesson on every on-line CFA exam prep course was "risk is the denominator in value."
- Could it be that they know how much munitions cost and assume using more weapons and bombers will spin money into the Fortune 500 quarterly reports? Hey, dudes! We beat our estimates!
- Could it be that, like children, they just like seeing smoke and fire? Like, whoa, leave your Bloomberg terminal and watch this YouTube video again, dude!
- Could it be that they're racist and agree that fewer dark-skinned people is better for "business?"
- Could it be that Wall Street already knows the US is blowing people up every day, so this news is built into Morgan Stanley's valuation models already?
- Could it be that the CFA exam has no correlation with wisdom? That might explain the need for black box investing...but if fintech is driving market pricing around militarism, then all those MIT physicists are equally as stupid.
You tell me. Why would the stock market stabilize upon the news that the US has once again upped the ante in destabilization.
We are the world's worst. I feel petrified to be in New York at the moment. Retribution increases risk--and cost of capital. But also I'm scared to be living in the same community with people as sad-sack as the institutional investing community.
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