As the Big Tech stocks take casualties with lower earnings, the rank and file in the stock market advance into fourth quarter uncertainty. Recession or melt up?
Yes Dan, We can look at all the charts in the world, but as we know, we are living through an Absolutely Uncharted Territory period in history, and nothing we have experienced in our past history can compare to what we are living through, and what is about to happen...
Wake up America! The Entire World is depending on this next election, not that it will really make much of a difference for what is coming(due to the true powers that are), but will give us a little more time to secure ourselves and families for the coming world depression, then World War.
As in the past, as world wars are destroying certain areas of our world, most are safe and secure and enjoying the insanity from the sidelines.
This coming war will be different, as a limited Nuclear exchange(most likely EMP) between the worlds superpowers will bring those morons, and the morons that voted them in(or allowed them to falsely be voted in) to their economic knees, as the slaughter that ensues due to no electricity, will end the world as we know it...which may not be a bad thing, as long as we are all living in those beautiful areas south of the Panama border :) Ready for the New World?
Dan wish you could see/view the world from Constantinople/Istanbul .. yes today it's all about Istanbul but one can still sense the human tension in the Hagia Sofia from 1453. Reminds me of the tension between the confederate/union states especially evident during the college football season. Tearing down of statues of former hero's just incentivizes the next generation but it seems that when you get an absolute melting pot of cultures/religions/races, then no one ideology is able to successfully dominate the others ie divide and conquer. I suspect that this might provide some indication of how to manage a very pluralistic society like the USA ie a more diverse immigration policy (not just hispanic) could provide greater balance of views/opinions which hopefully is also reflected in monetary preferences as I can not see Turkey ever accepting a digital currency.
I'm allowing my deceased parents' financial advisor to continue managing an account that contains all the stock and bond positions I inherited from them. She (the financial advisor) touted Chevron back in early September and I authorized a healthy buy. She came back two weeks later (still in September) and tried to convince me to buy more. I declined saying I hate their management and woke ESG management. I should have listened to her. If only my damn crystal ball actually worked!
I think you're dead right about what they're going to have no choice but to pick inflation. This diesel shortage thing is petrifying. The one thing that has me scratching my head (I drive a diesel BMW X5 and one of my corporations owns multiple diesel powered trucks), is that diesel prices are high right now, but they've been significantly higher in previous months. If the situation is as acute as some are reporting, one would think the price would be astronomical by now.
All true, and yet, when Biden's spokes weasel (the guy they've dragged in from the DoD--Kirby I think) he had no answer when a reporter asked him last Wednesday. At that time they were saying 25 days of diesel left. Maybe I've missed it, but I haven't seen much follow up and Kirby told the reporter he would "get back to you when I have the data"--just shocking.
"many systems have survived through periods of deflation and that includes the U.S. But no system
has ever survived unabated inflation."
Richard Russell's Dow theory letter #751 Feb. 28, 1979
January 2022 will be remembered as the start of the Depression….. we got a LONG way to go till the bottom… sometime in the two years?
Caveat Emptor
Yes Dan, We can look at all the charts in the world, but as we know, we are living through an Absolutely Uncharted Territory period in history, and nothing we have experienced in our past history can compare to what we are living through, and what is about to happen...
Wake up America! The Entire World is depending on this next election, not that it will really make much of a difference for what is coming(due to the true powers that are), but will give us a little more time to secure ourselves and families for the coming world depression, then World War.
As in the past, as world wars are destroying certain areas of our world, most are safe and secure and enjoying the insanity from the sidelines.
This coming war will be different, as a limited Nuclear exchange(most likely EMP) between the worlds superpowers will bring those morons, and the morons that voted them in(or allowed them to falsely be voted in) to their economic knees, as the slaughter that ensues due to no electricity, will end the world as we know it...which may not be a bad thing, as long as we are all living in those beautiful areas south of the Panama border :) Ready for the New World?
Dan wish you could see/view the world from Constantinople/Istanbul .. yes today it's all about Istanbul but one can still sense the human tension in the Hagia Sofia from 1453. Reminds me of the tension between the confederate/union states especially evident during the college football season. Tearing down of statues of former hero's just incentivizes the next generation but it seems that when you get an absolute melting pot of cultures/religions/races, then no one ideology is able to successfully dominate the others ie divide and conquer. I suspect that this might provide some indication of how to manage a very pluralistic society like the USA ie a more diverse immigration policy (not just hispanic) could provide greater balance of views/opinions which hopefully is also reflected in monetary preferences as I can not see Turkey ever accepting a digital currency.
Wise words Dan, thanks
I’ve doubled my money on XOM by buying at the low when the dividend yield was high. I expect to repeat that with NEM.
Did you look at the P/E of NEM?
I'm allowing my deceased parents' financial advisor to continue managing an account that contains all the stock and bond positions I inherited from them. She (the financial advisor) touted Chevron back in early September and I authorized a healthy buy. She came back two weeks later (still in September) and tried to convince me to buy more. I declined saying I hate their management and woke ESG management. I should have listened to her. If only my damn crystal ball actually worked!
I think you're dead right about what they're going to have no choice but to pick inflation. This diesel shortage thing is petrifying. The one thing that has me scratching my head (I drive a diesel BMW X5 and one of my corporations owns multiple diesel powered trucks), is that diesel prices are high right now, but they've been significantly higher in previous months. If the situation is as acute as some are reporting, one would think the price would be astronomical by now.
All true, and yet, when Biden's spokes weasel (the guy they've dragged in from the DoD--Kirby I think) he had no answer when a reporter asked him last Wednesday. At that time they were saying 25 days of diesel left. Maybe I've missed it, but I haven't seen much follow up and Kirby told the reporter he would "get back to you when I have the data"--just shocking.