• The missiles are flying – literally – and the stock market is up. Guess the age-old adage of buying when the blood is running in the streets is very much true. According to overnight reports, China in a first launched missiles over Taiwan as part of the drills/blockade of the island that will last until early next week (at least). And to make matters worse, the White House looks even more of an appeaser after it postponed the test launch of Minuteman III ICBMs to avoid stoking tensions with Beijing. That comes after President Biden himself prodded House Speaker Pelosi not to travel to Taiwan.

 

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