Pretzels, Bratwurst, Beer, and Markets
No, I was not lazy, sick, or kidnapped, but rather I was on vacation and hence I have been tardy on my most recent blog posting. These vacation things are relatively rare in the Slome household, therefore the family decided to take a larger than normal trip. Where did we go? Well, with all the talk about Europe’s financial woes, we decided to go to the financial nerve center of the crisis…Germany! Truth be told, the fact that my mother was born there and I have a ton of relatives there may also have something to do with the selection. Now that I have safely returned, I’m glad to report that the world has not ended yet in Europe…or at least not in the comparatively stronger region of Deutschland.
Here is a shortened collage of my trip highlights:
The choice of my trip timing seemed fortuitous, since volume trickled to a crawl and there was not a tremendous amount of news-flow. How do I know? Although I traveled across the pond, my electronic phone, tablet, and computer leashes did not fully untether themselves from my control. With the presidential election cycle swinging into full gear, coupled with key announcements coming out of Frankfurt and Brussels, nobody should be surprised to see some more volatility. It’s time to detoxify from all the pretzels, bratwurst, and beer and more forcefully reengage in the financial markets.
Dollars and cents are lost every day, but the memories, experiences, and relationships from this trip will never be lost.
Auf Wiedersehen Deutschland!
Wade W. Slome, CFA, CFP®
Plan. Invest. Prosper.
DISCLOSURE: Sidoxia Capital Management (SCM) and some of its clients own certain exchange traded funds, but at the time of publishing SCM had no direct position in DIS or any other security referenced in this article. No information accessed through the Investing Caffeine (IC) website constitutes investment, financial, legal, tax or other advice nor is to be relied on in making an investment or other decision. Please read disclosure language on IC “Contact” page.
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