You don’t need me to tell you markets are fragile. As we’ve been on the road since last Thursday there has been time to review markets, but little time for writing. (Not that it’s relevant to you but we’ve made it thus far to northern Wyoming with another 10 days to go on our journey west.) On the one hand we’re thankful we have very few positions in place on the Select Menu, Aggressive Growth but still are fully invested in Growth & Income. With the latter our nearly 27% position in cash provides some cushion.
Putin looks like he wants to take Eastern Ukraine feeling it’s there for the taking. The West has put up some symbolic sanctions but Putin’s bet is they won’t do