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Supercharged!
Meanwhile, the stocks are unbothered.
As discussed in the latest Weekly, equities haven't batted an eye in the face of an increasingly turbulent political environment in the US, where a defiant Joe Biden on Monday dialed into his favorite morning show to rant about "elites" trying to prevent him from being president again. (Sound familiar?)
"I don't care what the millionaires think," Biden, a millionaire, raged, in a combative phone call to "Morning Joe." "I'm not going anywhere."
It'd be fun
With the Meta call, the Fall 2023 Bond call, and the Tesla call, I’ve paid for my subscription for basically eternity. Thanks very much.
Yeah, but the earnings ARE real, they said. This time is different, they said.
It’s funny how excessive bullishness always sounds the same with minor twists.
That said, I wouldn’t be shocked to see 6000-6500 on the S&P before the music stops this round of irrational exuberance music chairs.
H: Any thoughts on SpaceX or xAI? My thinking aligns with yours about Musk – don’t care for the man or his politics, but…..
I took your advice and cashed out at 30%, cashed out too early on the meta call…