If you're watching CNBC now, as Kudlow et al discuss the visit by the Chinese President...
That should be useful as background relative to my next inputs here on the current sitrep...
There is some major myopia in the markets now about where we are in fact, relative to the common wisdom about where things are heading...
I'll share my thoughts on that... but want to let this visit and and fallout from it pass first. I don't expect there will be anything useful that comes of the visit... maybe something more the opposite... but, we'll see.
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