Strangely Patriotic; Syria Postponed
September 11, 2013
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Strangely Patriotic; Syria Postponed. I was the first one to the office which was typical. I turned on my computer and realized instantly that something was wrong. I clicked to CNN.com and literally thought to myself, “is it a joke? No, oh my, oh my G-d!” Alone, I ran to another room where we had a TV and flipped the switch…slowly I backed away and instinctively found a seat…eyes and mouth wide open…. The next office dweller dashed in and said, “did you see…?” “Yes, I have it on the TV,” I interrupted. He sat down as if in slow motion…we watched in silence.
One by one our employees walked in and slowly sat down…as the first one to see what was happening that morning on the TV, I filled them in…blow-by-blow. The first plane hit the first tower…then speculation…then the second plane hit…no more speculation. And then we all watched together as the first tower collapsed. I remember the gasp.
My memory is vivid…and I wasn’t in Manhattan…I didn’t witness it first-hand. Most of us know someone or someone who know someone who was there, or maybe someone who died. As I explained to my children, yes, there are bad people out there and it’s impossible to even try to understand what goes through their heads. But there are more good people in the world…we must challenge heartless, baseless hatred by being brave, thoughtful, and kind…listen to your gut and act from your heart. It was a confusing time…one of anger, sadness, and strangely patriotic. Do you remember Whitney Houston’s performance of the Star Spangled Banner? Watch it, it’ll make you tear-up. Whitney Houston sings the Star Spangled Banner.
My Market Watch. Bonds Up. The 30-year Fannie Mae bond is trading higher after President Obama backed off an immediate air strike at Syria. I did not expect stocks and bonds to react to the news the way it did…and it’s left trading a bit, well, confused. I expected a delayed air strike to bode well for stocks since war usually results in market instability. But it looks like traders are even more uncertain because of the White House’s changed position. Because the strike on Syria is still basically pending, traders would rather invest in bonds where it’s safer. Here was what I wrote yesterday: No Syria Strike?
My Schedule: I have a meeting this morning until 10:30a and then will return all calls and emails. This afternoon I have to take my son to the doctor so I will be unavailable after 2p.
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