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:
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"Our program is consistent with trends among large companies," GE said in an e-mail. "It allows GE to offer greater choice in coverage while striking a balance among our obligations to employees, retirees, and shareowners."
This doesn't sound like bringing good things to life. Sounds more like financial imagination at work.
After more than 23 years, General Electric Co. has decided to dump its well-recognized slogan, "We Bring Good Things to Life," and will spend more than $100 million to launch a new campaign with the tagline, "Imagination at Work" in a major, and possibly risky, effort to overhaul the company's image.
Ah, that explains it.
"The policy of pushing out the bottom 10% year after year has had the inevitable results especially in promoting financial and sales types over the heads of researchers and engineers. Maybe 20% will recapture that short term magic."
13 comments:
Suggestion: "You want a good company or a good stock?"
"Innovation? Leave that to the up and coming hungry companies."
"Consumer products? Like missiles? Yeah, we do that."
Some would like the stock to "Immelt" back up to its price in 2000. ;)
"We've abandoned more rust belt cities than any three competitors combined."
"Sure we dabbled in 'media" but made sure to exit before the possibility of any profit."
GE: "We Will Light You Up!!"
"The policy of pushing out the bottom 10% year after year has had the inevitable results especially in promoting financial and sales types over the heads of researchers and engineers. Maybe 20% will recapture that short term magic."
You can't spell genius without "GE".
Also, Tesla was a "nobody" and Edison was a "genius"!
Mark, as you might suspect you've hit a deep well.
Hahaha!!!
International conflict? "We bring good things to strife."
GE: "In 5 years you'll all be working for us... or be dead by our hand."
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