"Setting The Agenda"

Nobody who reads a lot of newspapers and scans the global media can have failed to observe how much 'follow the rabbit' is going on at the moment.

It used to be that the media prided itself like the Devil himself, in 'setting the agenda.'

Now, at least to my eye, the agenda has become like the rickety old English club scene with the same items on the menu day in and day out.

'The Day the Music Died.' Don McLean.

Design is about real knowledge,
of shapes and corners and aspect ratio
and things like that

Well this is more or less the day the media died.

What we need to signify it in the common mind as having actually happened for real, is some kind of 'event' or incident - almost an act of god, if you will.

So what are 'the big stories' right now? Mosul - the defeat of ISIS there, maybe. Trump, well, Trump anything. Protests against Trump, Washington correspondents' function, Hollywood using the Oscars against Trump. Trump Trump Trump.

That's not 'agenda.'

Agenda is tax cuts and the stock market going through the roof.

Agenda is scalability.

Agenda is how to leverage the current amazing turnaround in 'optimism' as far as equities are concerned, and 'get in' maybe by some back-door as the Dow runs away from everyone accept the Fed, basically, which was 'holding paper' when everyone else claimed it had a 'poor Balance Sheet.' 

The Fed doesn't have a 'Balance Sheet.' (Read that with a scoffing voice). It has power and control. It doesn't need a 'Balance Sheet.'

The Fed is right now selling dollars and cleaning up. Saudi Aramco is pretending it is going to sell equity in itself... What a laugh. Saudi Arabia is so broke going forward it doesn't matter. 75% illiteracy and 70% single commodity-led GDP. Broke. Dead. Finito la musica. Gone, baby.

All of these people who have played the 'I have more cash than you and so I can fly to the Moon' lunacy for decades are stuck with the fact that there simply is no such thing as 'diversifying an economy away from oil,' now that oil has run its race forever and nobody cared a lot earlier. It's all too late now.

And superb confection is about how to create function
out of form and substance

Today's technology is utterly deflationary and so what we are looking at here, is a massive swathe of losses about to be realized absolutely everywhere - except in US companies of course, for no absolutely good reason, and I do mean AMERICAN companies, not just US listings.

So how can you short London properties...

There's nothing quite like a Bear Market to create this snowballing effect of panic and loss and fire sales. The US Dollar will probably drop at least enough to savage the Euro economy into severe social panic and no doubt violence. The Chinese will squeal at this but to no avail. Serves them right.

Interest rates will go up. 

The GBP is a fantasy-fiction currency and so it will likely go up as the UK government monkeys around basically practicing self-interested fraud with no one to stop it now that it has thought about stepping out of European supervision of whatever it does. They haven't realized the silver lining to their 'cloud' of having to leave what they all thought was a bigger gravy train of fraud against taxpayers, namely the Euro-zone and the Euro (currency).

You watch as the British politicians suddenly wake up to the benefits of cheating on their own National Currency Balance Sheet.

The Euro is utterly doomed and so is the Euro-zone but whether any of the Zombies there will do anything about it I seriously doubt.

Russia? They must be laughing all the way to the gold vaults.

As you know I don't give out exact 'recommendations' here because I'm assuming not a lot of you have any money to go take positions in anything. But that is all right too. Being forewarned is being fore-armed, and, as you all know, from having read Baldassare Castiglione and his Art of the Courtier or whatever it's called: 'the principal profession of the courtesan is the profession of arms...'

And thus at least, you are all now armed, and not unable to 'make war' as it were. Armed with knowledge. And that is all you need and all it takes. And a bit of patience like the skilled fisherman.