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We appear to have made it through another potential drama with the stock market gyrations of the past week, the Chinese devaluation and the continuing uncertainty of the Fed. What we need to realize is that there is a high likelihood there will be many more weeks of black swan incidents which will rattle markets, create more uncertainty, and potentially be destabilizing. When one looks around the world there are potential black swans all over the place. The new chairman of the Joint Chiefs testified recently that the threat levels have never been greater. Those were his words. The risks are exacerbated by substantially because we have a grossly incompetent president whose policies have created a lot of this instability and threats.

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