Despite the line of storms that went through last night, leaving Dolly shaking and hyperventilating, the much-expected break in the weather really did not arrive as expected. Today was less scorching, yes, but the humidity is still enough to rehydrate the Dead Sea Scrolls and make them as pliable as tissue.

And expectations that the markets would do anything today were also not fulfilled.

If you were actively trading this market today, you *might* wish to consider calling Gambler's Anonymous. 

Unless of course you are being paid to do that sort of thing by some big faceless, evil Bank, in which case you should reconsider all the life decisions that brought you to this point.

Well, hope beats eternal, and a 'cold front' is expected to come through and rip shit on our peaceful village later today, but bringing us weather in the 80-degree range, which is a vast improvement over the 106° actual temperatures we enjoyed over the weekend.

We will also be enjoying another Comex precious metals option expiration this week on the 25^th.

The markets may be in this dog days, summer trading doldrums like trance until the Fed meeting next week. Unless Trumpolini splashes the tranquility of the lazy days with some out of left field tweet.

People seem prepared for the ascension of Boris Johnson to be the next UK PM. It does give us some comfort that we are not the only ones with a barely qualified yob at the helm.

There were sightings and photos of a very large shark, swimming in the shallow waters off the Hamptons this weekend. Luckily none of the vacationing elite were attacked, surely out of professional courtesy. 

I read today and posted a link to an article over at Wall Street On Parade that suggests that perhaps Mr. Jeffrey Epstein's mysterious financial concern may have received a secret Federal Reserve bailout. I don't know why this might shock us. After all, it seems to be the customary way of dealing with unreformed and unrepentant serial felons.

It does our hearts warm to see how our oligarchy can shamelessly take care of their own while brutalizing the average taxpayers and solid citizens while shaming them for their misery. After all, it's what sociopaths do.

Have a pleasant evening.

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