I am writing to you today from the middle of the Atlantic Ocean, a few hundred miles off the coast of Newfoundland. I’m heading for London for a week, and ultimately to Nice, France, where I’m looking forward to spending the winter. It’s a beautiful, lively small city on the shore of the Mediterranean Sea. I’m thinking of making my home there. This trip is for exploratory purposes.
As the ship rocked gently through the waves, as often happens in the wee hours of the morning, I awoke thinking about the market. Yes, I know. That’s not normal! I was wondering how the rest of the world viewed the selloff in the US markets on Monday. So I signed into the ship’s WIFI and checked my phone. The CNBC newswire read something like this:
FUTURES RALLY ON EASED TRADE FEARS.
The report predicted a strong open for US stocks.
I smirked and went back to sleep. The overnight markets are like Vegas. What happens in Vegas, stays in Vegas. So goes the pre-market futures trading much of the time.
I checked in again when I woke up for the day and it was the same story. Big rally expected.
Then I went downstairs to the Brittania dining room and enjoyed a nice breakfast. The food and service was delightful as always. I highly recommend a Transatlantic crossing on the Queen Mary 2 for traveling to Europe if you have the time.
I don’t have the time for pure leisure purposes. But I can bring my work along for the ride and I can still communicate regularly with our great publication team, and most importantly, with you. It’s really a lot of fun!
Later, this morning, sometime after 10 AM I again logged into the ship’s satellite WIFI and checked the market. Lo and behold, up…
The post Your Role in The Wall Street Media Business Is Not What You Think appeared first on Lee Adler’s Sure Money.
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