If you have read my blog over the last few months, you know I really try to avoid commenting on the political climate now in the US. As far as investing and trading goes, I think it is counterproductive to do so.
Recently, many in Washington have denigrated the FBI and the Justice Department, eroding trust in these institutions. I think this is dangerous.
I probably wouldn’t comment on this today, but I live in Austin and there have been 4 local bombings and 1 bombing in a Fedex facility just south of Austin.
There has been a HUGE influx of federal agents into town, according to our local news channels. This includes agents of the FBI and the ATF.
I want this to be over as soon as possible and I believe it will only come to an end after a lot of work by these federal agents as well as our local police.
Those of us here in Austin, as well as everyone else in this great country owe these law enforcement agents a huge debt of gratitude.