Marktstimmung: "Neutral ins zweite Halbjahr"

Sehr geehrter Herr K,

"Sommerträgheit" attestiert Joachim Goldberg dem Markt angesichts der geringen Handelsbreite von 1,9 Prozent in der zurückliegenden Beobachtungswoche. 
Mehr in der Analyse.

Freundliche Grüße
Team Börse Frankfurt

The German bourse has entered the mid-year laziness and nothing is happening. For some reason, the same is happening in the TASE, and in the last month, it was 1% up and 1% down the next day. I sold a lot of stock to pay off my debts, and on relatively good terms. It is very hot here in Israel. 

I am drowning in the amount of work. The regulators - without exceptions - demand more and more reports. The Clients are desperate and ask me please hurry, we will pay anything you ask. I shall start this weekend to send out bills. No one in my age group is still working, I had planned to stop finally 8 years ago, yet here I am. I have a new version of the software I am using, got the kick of it in a day. I am proud of myself. (Also my eldest granddaughter's end-of-year grades are super. She is gifted. I had a poor (and wrong) idea of her.  

The world is getting less comfortable for Jews

 Yesterday I met with a client who is setting up a shop in Modiin. He returned from Chicago after a decade. He had no complaints against the Blacks, who live in a separate ghetto, but downtown has filled up with Arab newcomers. They are violently anti-Jewish and anti-Israel. They have poisoned the atmosphere for Jews and those suspected of Jewish links. 

The Tablet magazine wondered what to do against the anti-Jew wave engulfing America. Their answer is that anything a Jew-in-the-flesh may do will not change the prejudice against the abstract imagined "Jew'. For The Tablet, fomenting a generally liberal, tolerant, open society is the best option. Soros program is, maybe, subtly good for Jews. I've done a full circle and came back to the liberal left. 

The Chinese change history (as we know it)

Some recent studies in Central Asia history write about the Chinese initiative to enlarge their markets and to build infrastructure in the past, such as the Silk Road. Apparently, these papers pretend to justify the ongoing initiative of President Xi - the Belt and Road Initiative, a global infrastructure development strategy adopted by the Chinese government in 2013 to invest in nearly 70 countries.  In other words, they are pretending that Xi's 2013 project is nothing new, it is what the Chinese always have been doing, nothing to be concerned about. 

As far as I know, the Chinese were at the end of the Silk Road, which was developed by Roman, Greek (Rhodan?), and Persian merchants, They reached China traversing the Gobi desert with large caravans. Others, like the Greek author of the Periplus went by sea. There are no records of Chinese caravans or flotillas reaching Europe. China is rewriting history. 

The University Alliance of the Silk Road centered at Xi'an Jiaotong University aims to support the Belt and Road initiative with research and engineering, and to foster understanding and academic exchange. A French think tank, Foundation France Chine (France-China Foundation), focused on the study of the New Silk Roads, was launched in 2018. It is described as pro–Belt and Road Initiative and pro-China. 

The Ramla Man

 

Excavations in the Nesher Cement Factory in Ramla uncovered ancient human bones. It is a pre-Neanderthal specimen, that may have fathered the Neanderthal and Denisova humans. What we learn from this discovery? That hundreds of human varieties passed through this land, the end result being us, the Jews. Our species does not tolerate nor co-exist with different kinds of humans. The history here and everywhere is an unending chain of wars and genocides. The most successful varieties in our times are the Germanic peoples (Ashkenazim are part of this group), the Bantu in Africa, and the Han, the North-East Asian people. Put two of them on an island and very soon there will be only one. America and South Africa are working through this process. 

Blame Darwin

 The improbable has happened and the COVID has mutated into a more potent virus: the Delta. In the end, it will get me too. 

Evolution happens. Left: Darwin's Blue Foot Pidgeon.

Israel Pays the Price of Vassalage

"Israel took its first stance against China’s inhumane treatment and forced incarceration of its Uyghur minority, signing on to a condemnation issued at the United Nations Human Rights Council’s 47th session on Tuesday, at Washington’s behest." (from the Jerusalem Post).  In my opinion, the Turks of the Chinese Turkestan are not our friends, they are our enemies. Many of them volunteered to fight in ISIS and were seen on the Syrian border. They, and the Chechens, are Muslim enemy nations, and we must give thanks to the Russians and the Chinese that they keep them pacified. Israel was forced to condemn China against its best interests. Correction: Keeping our alignment with America is our first and best interest.  We had to swallow that frog and say we loved it. Pic.: The Volga Boatmen.

Bankrupting Argentina (were it possible)

 Of course, it is impossible. Argentina IS totally bankrupt after having suspended repayment of foreign debts ten or twenty times since independence. Now, a cultivated meat factory has been built in Israel (pic) - the first in the world - and will outcompete Argentine meat exports. It would be ironic that Israel, a country that not long ago lived off the generosity of American Jews, would be a world power in the meat industry.  Less pompously, we are in the meat export business!