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.
NVIDIA Revisited
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On August 26, 2023, 5 days before it a new closing hi at 493.55, I wrote a
critical post about NVDA - the stock, not the company. After that, the
stoc...
Going Long
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Made some big moves in retirement accounts in the last couple of months.
The boldest, and luckiest, was going 100% SP500 in one of my accounts at
the end o...
Stay away from popular tech stocks, part II
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Last August, I wrote a blog post arguing that largest technology and
internet companies -- Amazon, Apple, Facebook, Google, Microsoft -- would
never grow i...
Updating the HF Indicators
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I posted this over on Seeking Alpha.
Not much good seems to be happening, and I am concerned about the low pace
of construction and a likely end to the sho...
Yes, Well, It's Still a Friday Night
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I doubt anyone is still reading the old stuff, but I have a quiet Friday
night and figured, why not a Friday Night Rock Blog?
I found this one recently (...
The Fed Is Attempting to Use Green Day Playbook Again (Musical Tribute)
Summer has come and passed
The innocent can never last
Wake me up when September ends
Like my fathers come to pass
Seven years has gone so fast
Wake me up when September ends
Here comes the rain again
Falling from the stars
Drenched in my pain again
Becoming who we are
As my memory rests
But never forgets what I lost
Wake me up when September ends
In summary, the Fed really hopes ZIRP can never last. After seven years of it, they would really like to raise rates in September. In order to raise rates in September, they will rationalize falling commodity prices as transient. There may be pain again, especially for the investors who can't remember what they lost the last time the Fed raised rates.
Wake me up when September ends. Let's hope it goes better than the last time the Fed used the Green Day playbook. We certainly do not want to see another boulevard of broken dreams fiasco.
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