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Misc Stock Market

Turnaround Tuesday on tap!
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I added some $AMD in the high $62's but not as much as I wanted. But did add some yesterday in the $64's and will hold these long term.

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Added AMD here at $56.60. I am done adding shares. Right at volume shelf.

It warned PC bus was slowing, not surprising at all. DC business strong/growing. Yeah, if the world economies collapse then everything is going much lower. But I like shares here long term.

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The massive run-up on the balance sheet should have never happened. $4T is still alot, but it's far more manageable than $9T. Can see this ending up worse than 2008, maybe approaching 1929.

^ 3T uplift, they overcorrected. Hindsight will never be known, but a hard landing looks imminent against the balance sheet, and rising rates, 2008 should be the measuring stick, 1929 is a hyperbole.

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^ 3T uplift, they overcorrected. Hindsight will never be known, but a hard landing looks imminent against the balance sheet, and rising rates, 2008 should be the measuring stick, 1929 is a hyperbole.

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Crazy thing is another ~20% s&p drop from now and we are still only back at 2019 levels. That run up from covid lows through early 2022 was insane.

Thing that worries me now is the "risk free" returns you will get on treasuries. That looks really tempting right now.
 
When the Bond Market Crashes, have fun.

We should be bending over backwards removing any and every deterent, to encourage fracking and build more refineries on warp speed. The money we would rake in supplying Europe,filling void, could wipe a ton of the 31 Trillion out in no time. BOOM the economy. But that requires business and common sense, something career politicians lack. They couldnt run a lemonaide stand. All these epa and green funded groups that lawyer up and drag permits out forever in court. Yada Yada. This whole economic crash has its roots in the idealogy / fight against fossil fuel. " READ MY LIPS. ILLL BRING AN END TO FOSSIL FUEL."
 
And lets not forget who signed off on not 1, but 2 more rounds. But lets "follow the science". Problem was it was political science all along. Checkmate!

We have seen a couple admins with handouts, I guess my argument is against the fed, zero interest rates, and stockpiling T notes in 2020. Wholesale

Govt spending has exacerbated the situation recently.
 
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SPY gonna pump… 366 By tomorrow. Maybe today.

Books are cooked. CPI gonna come
In under 8 and fomo will do the rest. They lulled everybody to sleep the last couple weeks.

This is not financial advice. Or is it?
 
So the question what is the BOE doing, they are mad that the British government wants to move ahead with massive tax cuts once the BOE bailed out Pension funds and the government assumed they would keep yields low. The BOE does not want to enable the government to do that.

As for Covid relief, the money is still going around. I have spoken to several small biz owners who just had money deposited from the state into their bank account in the last 2 months (some as high as 200k) as the states are trying to spend the money before time runs out. I was in favor of the March 2020 bailout as I was concerned about people losing their jobs and not being able to buy food and pay their bills. The second and third bailout (December of Trump and February of Biden) were both highly inflationary. The March one not as inflationary as it replaced people's income, it did not add on top of it.
 
Asked what happens after the bank of England stops buying bonds on Friday, UK finance minister Kwarteng: That is a matter for the governor
 
Sold my twitter this morning. Bought during the last slump and made a little. Tempted to buy bitcoin and hold for a while.
 
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