Week of December 9, 2024
We changed our Middle East signal from red to yellow last week and less than one week later, the Syrian government, led by the Assad family for five decades, fell. If we had not changed the Signal last week, this week we surely would have. Syria was kept afloat the past ten years or so by Russia, Iran and Hezbollah, lending further credence to the galloping impotence of these three global masqueraders. Another nail in the coffin. Our Signals remain unchanged.
Bob Bilkie, CFA
