Howestreet.com - the source for market opinions

ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION

August 18, 2017 | A New Mood Descends on America — and on Wall Street

Rick Ackerman

Rick Ackerman is the editor of Rick’s Picks, an online service geared to traders of stocks, options, index futures and commodities. His detailed trading strategies have appeared since the early 1990s in Black Box Forecasts, a newsletter he founded that originally was geared to professional option traders. Barron’s once labeled him an “intrepid trader” in a headline that alluded to his key role in solving a notorious pill-tampering case. He received a $200,000 reward when a conviction resulted, and the story was retold on TV’s FBI: The Untold Story. His professional background includes 12 years as a market maker in the pits of the Pacific Coast Exchange, three as an investigator with renowned San Francisco private eye Hal Lipset, seven as a reporter and newspaper editor, three as a columnist for the Sunday San Francisco Examiner, and two decades as a contributor to publications ranging from Barron’s to The Antiquarian Bookman to Fleet Street Letter and Utne Reader.

And now we know that there are things impacting negatively on the stock market besides war threats from Kim Jong Un.  I hesitate to infer that Wall Street’s obsidian heart is somehow responding to the piddling trauma of Charlottesville and to the spectacle of the news media’s continuing, all-out effort to destroy Trump. The editorialists should be careful what they wish for, since the nation seems to be nearing a breaking point. Civil war has actually become thinkable, since the events that occurred in Charlottesville could conceivably occur in any small town in America that has a bronze Confederate soldier on display. If the alt-left’s antipathy should take a violent turn toward statues of Washington and Jefferson, then, yes, we might as well call it civil war. At that point, local authorities, outgunned by Soros-equipped brownshirts, will be powerless to resist the blood-dimmed tide.

STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the HoweStreet.com Weekly Recap.

August 18th, 2017

Posted In: Rick's Picks

Post a Comment:

Your email address will not be published. Required fields are marked *

All Comments are moderated before appearing on the site

*
*

This site uses Akismet to reduce spam. Learn how your comment data is processed.