What a week it's been.
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Of course, the market still operated.
XJO down for the week -1.45%. Not that too many people noticed.
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Today when the position of the Leader of the Liberal Party was decided just before 1.00 p.m., the XJO had a little bitty kick to the upside. If you went off to get your mid-day coffee - you missed it. By the end of the day, the XJO was back below where it was at 1.00 p.m. That's not a ringing endorsement of the crowning of the new P.M. ScoMo.
Did ScoMo get a phone call from Trumpski? or His Holiness? The press hasn't recorded any such event - so I guess the elevation of ScoMo has not yet registered in the Stratosphere.
Whatever. I think it's time to buy a coal mine:
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Talk later.
RB.
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