Maybe the legend of Bear Force One shouldn’t be thrown into the dustbin of history after all. The market peaked at the MOMENT I walked onto the plane, and it’s been skidding lower ever since. Perhaps we can do in-flight refuels and just keep me airborne until the Dow is at, I dunno, 8000 or so.
It’s a little discomfiting for my portfolio to be at the mercy of whatever whims and whimsies the stable genius might have from moment to moment. Even the whole “February 1, no March 1, no February 1″ craziness pushes valuations up and down by hundreds of billions.
I treated Mrs. Bear and myself to the first-class Polaris seats, but even so, it’s awkward trying to trade and write on an airplane. The week forthcoming is going to be pretty odd in general. I’m going to be in Boston, then Bermuda (setting up a multinational money laundering scheme) and then North Carolina. I’ll be more productive when I’m on the ground.
Anyway, it’s been a surprisingly good day, and I look forward to catching up with analysis once my wine glass isn’t shaking back and forth in front of me.
