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Pragmatic Capitalism

Capital for Living a More Practical Life

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.

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