Miami Spring Break SNAFU - John Rubino #5095
Big SNAFU as Miami declares spring break state of emergency, a sign that things are getting back to normal. Too many people partying means things are getting back to usual. Small businesses in Miami are back making money. Drunks are big tippers. So much\xa0 DeSantis is a genius and is on track to being 2024 Republican presidential nominee. John believes the Texas-Florida model will be shown by history to be the right move.\xa0 We Don\u2019t Need No Stinkin\u2019 Masks Dr. F. It\u2019s about time someone called out Mr. Doctor F. Starting to look like the entire pan-demic response was over done and uneccesary. And the fall-out is shocking. The sooner we get passed it the better.\xa0 Markets still going higher and they\u2019re flooding the system with cash. Nasdaq moves up and down 200-300 regularly. The Robinhood checks have gone out and things are heating up. The economy and inflation will pick up. Interest rates are heading higher.\xa0 Will the money move into bonds now that rates are going higher? Volatility is guaranteed to pick up. John is short the Nasdaq and the S&P 500. Long periods of low interest rates cause people to borrow more and become overleveraged.