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And keep the more -- look at the global economy the more it looks like just one giant slow moving train wreck but it's still a train wreck it's Portugal Greece.
It's that Middle East it's emerging growth companies and then of course -- -- Akira.
-- -- They don't create their own headaches than all -- these headlines which ones are most important -- -- are -- ultimately dictate where this market goes.
Boy you know Charles that's full plate because there's a lot to be concerned about right now to me what it comes down to two primary input.
How good or bad as the economy -- jobs number because that directly relates that bad.
And the input from the Middle East because I think what's going on there is critical not only for the -- democracy on the planet.
But with regard to the oil supply don't forget that two of the pipelines in the Suez Canal control roughly four point 75% of the world's oil -- -- -- broil it things a little bit.
Locate that you use the word good when you talked about jobs numbers.
We're looking for maybe a 16070000.
On Friday he would that be good is that the new good because I know the markets become accustomed to celebrating mediocrity but.
Self deprecating mediocrity on after member of that phrase that's good.
To me that's.
That's good enough that I'll take it because what it means is that -- actually creating value somewhere in the economic change despite -- Best efforts in no way I figured this is a train -- this is ultimately an end badly but in the meantime we need to actually -- they -- what makes this country strong.
And that's job creation because that puts wealth in the pockets of people who need it most.
But the transition to a real strong -- economy.
That can justify higher stock prices and where we are right now the Fed pumping and all -- money that transition period could be very rocky for investors.
Well I think it's not just could be I think it will be the key right now is to maintain a steady perspective to stay on you war game.
Don't let this -- throw you around because if you're focused on income or safety or whatever it is individually is -- its import do you.
Stay on that track a lot of this you're gonna see is noise particularly in the next 48 hours when US markets are closed European Asian traders are gonna have a field day.
Do they know we won't be able to mount a defense Friday -- probably pretty volatile.
But that we're gonna get down to business again.
Speaking of -- going against history you like a couple of things that are beaten down sort of contrary an -- I do as a matter of fact I like energy pipelines right now a lot because they've got high incomes that's one of those things you know if your income -- investor.
You can pull off the dividend 567%.
With some of these things.
To me that's a good opportunity irrespective with the price -- commodity is Munis is another one conventional wisdom says these are terrible interest rates are gonna go up they're gonna get shellacked.
We know what they've already been -- -- some of them -- 111213%.
Under net asset value particularly with regard to the funds.
They're still kicking off a decent income if you've got the right perspective that can be more attractive than the price.
I area while conventional wisdom was -- -- phrase coined.
Did this the general public can escape I think you're -- Wall Street but by the way I'm with you on that that I like picking up the ones that are beaten down as well -- -- have a great fourth man and we appreciate it.
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