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Pragmatic Capitalism

Practical Views on Money & Finance

So Much for “Happy Holidays”

It looks like Grinch ended up stealing Christmas after all.  And instead of a tall creepy looking green guy, the Grinch is showing up in the form of 536 ignorant politicians who refuse to work together.

I had been hoping for a nice quiet end of the year.  Instead, we’re in the middle of the worst last week of the year performance for the market since 1950.  The S&P 500 is off 3.5% in the last 5 sessions thanks entirely to the fact that the American political system has become a mockery.

Anyhow, it looks like over the cliff we go and then the political charade begins again next week.  Fun times.

Cullen Roche

Cullen Roche

Mr. Roche is the Founder of Orcam Financial Group, LLC.Orcam is a financial services firm offering asset management, private advisory, institutional consulting and educational services.He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance and Understanding the Modern Monetary System.
Cullen Roche

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