Monday, March 25, 2013

Cyprus and the Russians

The Russians are more than a little perturbed.   They don't take kindly to loss of their loot.   I have been saying for years, Jim Cramer aside, that the richest man on Planet Earth is Vladimir Putin.    He probably makes Warren Buffet look like chump change if the truth were known.

I might think twice about being a Cypriot Olympic athlete in Russia.  

I thought Greece was the tipping point.  Now Cyprus?   The US market behaves as if the macro picture matters not.   Do fundamentals still matter?  What are fundamentals?

It has a 1999 feeling about it.    Just sayin..........

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