“You do not know how lucky you are to be a monkey, because awareness is a real curse: I feel, I think, I suffer ... And all I want in return is the opportunity to do my job and they do not me they do it because I reveal the contradictions. “

Give advice to a wise man and he will know one more thing, give advice to an imbecile and that will be your enemy.

The truth is the mother of imbeciles, boy.

Craig Schwartz: There’s a little door in my office, Maxine ... and it’s a passage that takes you inside John Malkovich. See the world through John Malkovich’s eyes and then after about fifteen minutes, you’re spit out in a ditch that runs along the New Jersey Turnpike!

Maxine Lund: Great! Who is John Malkovich?

Craig: Oh-oh, he’s an actor, one of the greatest American actors of the twentieth century!

Being John Malkovich, a film by Bryan Singer.

Craig Schwartz, an aspiring puppeteer, is hired as an archivist for LesterCorp, a seventh and a half-story company in the center of Manhattan, where he meets the attractive Maxine Lund. One day, Craig discovers that, behind a shelf, there is a tunnel that allows to arrive in the mind of the actor John Malkovich. The novelty spreads and through the fascinating Malkovich, the protagonists can experiment their own desires. Above all, Craig will be able to control the actor thanks to his skill with the puppets. He even puts up a bargain by selling tickets to anyone who wants to pay $ 200 to “be John Malkovich” for a quarter of an hour. Even the real actor will take the opportunity to enter his own mind.

Investors would like to enter the head of the new Federal Reserve president, Jerome Powell, who will speak at the US Congress on Tuesday. You do not need to stay there for a quarter of an hour; only the time needed to inquire how fast it is going to raise interest rates. The market continues to bet on a more conciliatory monetary policy and, from the prices of futures on the Fed Funds, barely estimates (72% probability) 3 monetary holdings, little more than expected in the euphoria of a month ago. In this climate, any surprises can only be negative and will also have consequences on Wall Street. As always, some of the best-known investment banks, perhaps to keep the attention on their name, paint a somewhat apocalyptic picture with the yield of 10-year Treasuries in December at 4.25% forecasting a decline in 25% market. For now, this is not seen in Powell’s mind. His mind, like that of all of us, has several rooms communicating to each other, which analyze all the various cases. In one, there is certainly concern about the effects of the expansive fiscal policy desired by Donald Trump. In a climate of economic growth, we analyze the risk of overheating wages, raising inflation and US debt with impacts on the upward trend in interest rates.

In that room, it is calculated that the tax desired by Trump would bring the total US debt (the federal plus the one contracted by institutions dependent on the government) from 105% to 130%, in less than ten years. Now, from here to 10 years, there are many corrections that can be put into practice. Inflation itself acts as a debt reducer. The most concrete question to ask is whether there really exists an economic need to approve in the phase of strong growth, a fiscal expansion. The answer seems to be that there was a political need to go back to the consensus, but the tickets to enter Trump’s brain are over, the event is sold out. And in the end the markets do not question the origin of the facts but on their effects. Another event that has been overbooked is what promises to be, for less than 15 seconds, no more, the “red prince”, Xi Jinping. The Central Committee of the Communist Party has proposed to remove from the Constitution the limit of two five-year terms for the office of President of the People’s Republic of China. Xi Jinping will be able to reapply for life. Its economic program is already known: growth and power at any cost. Meanwhile, the start of the new Chinese year, which began on 16 February, has already registered a boom. The year, which falls under the sign of the dog has recorded, in a few days between shopping, restaurants and mall, a turnover of 926 billion yuan, 146 billion, an increase of 10.2%. Cinema + 25%, Tourism + 10.2% to 475 billion yuan. But in the long analyses of Xi Jinping’s head, dreams of an empire are hidden with the idea of having a modern army and reactivating the Silk Road. Now, even John Malkovich himself has paid to enter his brain and perhaps even Powell, Trump and Jinping would do the same. Markets, like people, do not always think the same way and are unpredictable even to themselves. The only possible way to interpret their thinking is, from time to time, to fall into the new reality. The US economy could overheat. The European one must not yet fear. China still has vast areas of compensation. This means that rates will rise but not with the same speed in all economies, so the stock exchanges and individual stocks will each follow its own path, as it has always been, independent of the head of investors and creating various investment opportunities.