I live in the USA and I am concerned about the future. I created this blog to share my thoughts on the economy and anything else that might catch my attention.
Another look a NVDA
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I've looked at NVDA a couple times, in *August 2023 *and *January 2024*.
On Saturday 8/26/23 I said the action in NVDA stock looked like it was
topping....
Quantifying Trickle Down in Real Average Earnings
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I studied a handful of economic measures to see their affect on Real
Average Earnings. I used the following series from the St. Louis Fed FRED
system:
...
Is there enough liquidity in the system? I don't know. Let me check the pool. It seems okay. No, maybe not. Are those bubbles? How am I supposed to know? Maybe I should cut interest rates? Or maybe I should raise them? Hello? Anyone? Oh, crap. Let me check the pool again. Hold on. I think I see something. Looks like me. Oh, wait. Might be my reflection. Is this all just an illusion? I better do something. Or would it be better to do nothing? This job is so hard. I touch the pool and the outlook changes. Is it supposed to do that? Has anyone ever done this before? Say what? I'm in charge? How did that happen? I better check the pool again. Do I get in the pool? I'm not sure. What if I can't get out? This job is so frustrating. F%^k it! I'm raising rates. No, I'm cutting them. Crap. Maybe I should just keep monitoring the situation. I know. I'll check the pool again. Maybe something has changed.
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5 comments:
Bark pools.
Hahaha! Nice. :)
Central bankers aren't really that cute, but I think you've got the intellectual process pretty much mapped out.
PS: This is transcendingly brilliant. I bow before the master.
Maybe they are born cute and the central banking process turns them into ivory tower monsters? ;)
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