In total agreement with Bill today… ‘the US debt represents attempts by the elite to solve problems,’ perfectly summed up. And that ballooning debt is in reality unleashed future inflation because it can only ever be repaid by the ‘printing press.’ In other words it can not be repaid and the ‘big loss’ is guaranteed.
The "magnificent 7" have demonstrated over the years that they have pricing power, the ability to weather a recession, and very low debt loads, making them low-risk entities in the current high-interest-rate environment. They also boast relatively high net profit margins (most above 25%, with only Tesla and Amazon having lower profit margins but Amazon having a high gross profit margin). When R&D costs are capitalised, the profitability of these companies is even more impressive. Apart from Nvidia, the rest are not grossly overvalued. Could you please comment on why there shouldn't be a place in the recommended asset allocation for such large cap companies with solid economic and financial fundamentals?
In total agreement with Bill today… ‘the US debt represents attempts by the elite to solve problems,’ perfectly summed up. And that ballooning debt is in reality unleashed future inflation because it can only ever be repaid by the ‘printing press.’ In other words it can not be repaid and the ‘big loss’ is guaranteed.
I don’t understand. Biden, Democrats & Fed all say Inflation is under control.
Maybe Trump is to blame for their lies.
Not really about this article....
Just finished reading Un-Civilizing America...great read!!!!
I really became educated to the totality of the situation the country faces today.
Should be mandatory reading before you vote!
Was wondering what your thoughts might be about the series The Chosen.
Looks like a “ win-win” deal to me.
Would love to hear some words from you about this movement.
Thank you
The "magnificent 7" have demonstrated over the years that they have pricing power, the ability to weather a recession, and very low debt loads, making them low-risk entities in the current high-interest-rate environment. They also boast relatively high net profit margins (most above 25%, with only Tesla and Amazon having lower profit margins but Amazon having a high gross profit margin). When R&D costs are capitalised, the profitability of these companies is even more impressive. Apart from Nvidia, the rest are not grossly overvalued. Could you please comment on why there shouldn't be a place in the recommended asset allocation for such large cap companies with solid economic and financial fundamentals?