Usually in the fall, the market will make a serious downward plunge, there will be an intervention or naturally occurring bottom. Following that, everyone steps back from the abyss and figure “Well hell, Merle, that there was sure some excitin close brush with Economic Collapse, but shore looks lack we made it fer ‘nother year...”
Not that we have out of the woods – since the market still has plenty of time between now and the end of the year to collapse – but we are seeing some huge underlying shifts in how the “economic game” is played.
This morning we will go poking around the feedlot and see where some of the bull is. Even if you don’t join us on the tour, though, the concept of a Feedlot Economy is a useful way of understanding what are some mighty curious changes in spending, saving, and consumption.
Plus: We review the “Clinton Fix” – how she lost the debate to Bernie and still owns the MSM brainwashing machine.