The Economy

Interesting video comparing the “nifty 50” stocks of the 1960s to the “magnificent 7” stocks of today. Extreme concentration of investment in just a few companies with sky-high valuations.


The thing we learn from history is that we don’t learn from history. ⭐
Looks more like the tech bubble of the late 90's. With the much lower number of over invested stocks the affect on the market will be more muted than before.
As usual with the stock market, keep on your toes. Be ready to act.
 
Makes one wonder who else is buying in to some of these companies.
The involvement in steel prevented foreign ownership in an American company/industry that has been a backbone of our economy.
The purchase of INTC stock was a shot in the arm to hopefully enable the company to recover and continue to remain American owned corporate secrets and technology. While the chip industry isn't what it was it is still a major portion of American ingenuity.
So concerned about America first, where were you on Hilary selling Uranium One technology and ore to the Chinese? Or Bill sharing Jet fighter technology?
 
Treasury secretary Scott Bessent had the unenviable task of informing Carrot Caligula™ that the United States had been played for fools by both Argentina and China

Leaked text messages from Treasury to Dept of Agriculture above. Someone took a photo over Bessent's shoulder of him texting.
  • Argentinian farmers: big winner
  • Argentinian government: big winner
  • Chinese government: winner
  • United States government: big loser
  • United States soybean farmers; biggest loser by far
 
I suppose now is not a good time to mention the beating the stock market took today???

🤔 😑 🤬

We. Told. Them. So.

🌷
 
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