There’s a town here in the Bay Area you’ve probably heard of called Oakland. You’ve probably also heard the famous phrase about it uttered by Gertrude Stein: “There’s no there there.” I’m reminded of this quote because of the “truce” announced. My instant reaction was that it was a nothing-burger, which was met with screams and cries of distress that it was, in fact, An Awesome Amazing Deal. But it seems it’s starting to dawn on the rest of the planet that maybe this kicking-the-can-down-the-road exercise does, in fact, constitute “no there there”.
For a while last night, it truly seemed to be the case, although I’m sorry to report most of the red has been washed away. Interestingly, the gap between Friday (pre-truce) and Sunday (post-truce) was almost perfectly sealed on the NQ.
And even closer on the ES.
I remain partly in a “wait and see” mode myself, keeping plenty of ammunition on the sidelines. Now that the silly dinner is behind us, I’ll be happy to start sharing more ideas again.
