So one giant stumbles a bit and the other fall down as a result. That makes no sense, really. And all sorts of disappointment because some wild guesses were a bit too high. Why folks take wild guesses seriously is not clear at all, especially when we all know that CEOs are paid to predict what shareholders want to hear. The CEO who delivers bad news will be out on the street before noon the same day. We need to understand that. So why regard biased guesses as anything else?
Thanks for the updates, especially on Grupo Bimbo. That one was "big" even long ago when I spent a year in Mexico City one month. Being in the right spot at the right time and making the right moves looks good. At that time the city was SO VERY MUCH different from here in the USA Detroit area. It may still be different, I never went back to see.
I will point out that inflation hurts not only the "very poor", which it certainly does hurt, but that inflation hurts all the folks who are not able to easily increase their incomes or savings to compensate for it. So the portion of the population hurt (at least some level of hurt) is a lot closer to 80%.
But, given that the federal reserve is primarily concerned with benefiting the banking industry, the lack of consideration for the rest of the population is what would be expected.
Interesting, and certainly a demonstration of rotten attitude.! Profits growing obscenely and yet complaining that they were not quite as big as last week. Sorry to be so very blunt about it, but with that much profit any complaint about it not being enough has an offensive stench.
The "Elliot Wave " is an interesting analysis tool and it seems that some are able to apply it and get usable results. But is it an actual formula, or is it more an evaluation method based on a lot of history? Or is the derivation much more of a secret?
Interesting. Now consider that wearing masks has been done in some Chinese areas for many years. I recall the photos of commuters wearing masks in Hong Kong from back when I was in high school. And masks are much less an impingement on freedoms than closures are. IF masks had been mandated at day #1 possibly the plague would not have done nearly as much damage a it has done. Obvious in hindsight, not so obvious at the time. Of course the whole mask "thing" was new to much of the world at the start, and not many were available. But probably masking from day one would have changed a lot.
Certainly quite educational. And as for predictions, I have found that it is much easier to predict the past accurately. But unfortunately it is not as much value.
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Stocks Are Likely To Drop On July 30 After Amazon’s Massive Guidance Miss
So one giant stumbles a bit and the other fall down as a result. That makes no sense, really. And all sorts of disappointment because some wild guesses were a bit too high. Why folks take wild guesses seriously is not clear at all, especially when we all know that CEOs are paid to predict what shareholders want to hear. The CEO who delivers bad news will be out on the street before noon the same day. We need to understand that. So why regard biased guesses as anything else?
News Overload
Thanks for the updates, especially on Grupo Bimbo. That one was "big" even long ago when I spent a year in Mexico City one month. Being in the right spot at the right time and making the right moves looks good. At that time the city was SO VERY MUCH different from here in the USA Detroit area. It may still be different, I never went back to see.
Is It Too Late To Buy Moderna Stock?
Certainly this is a very interesting analysis of the company. Are there any competitors? That would be interesting to know.
3 Short Squeeze Candidates In The Technology Sector
Interesting!
Market Briefing For Thursday, July 29
I will point out that inflation hurts not only the "very poor", which it certainly does hurt, but that inflation hurts all the folks who are not able to easily increase their incomes or savings to compensate for it. So the portion of the population hurt (at least some level of hurt) is a lot closer to 80%.
But, given that the federal reserve is primarily concerned with benefiting the banking industry, the lack of consideration for the rest of the population is what would be expected.
BUT that does not make it right!
Ethereum's Rate Pressured By Swing Failure On Daily
Say WHAT???
Amazon Crashes After Missing Revenues, Guiding Far Below Consensus
Interesting, and certainly a demonstration of rotten attitude.! Profits growing obscenely and yet complaining that they were not quite as big as last week. Sorry to be so very blunt about it, but with that much profit any complaint about it not being enough has an offensive stench.
DSHUSD Elliott Wave Analysis - Looks To Slide Down
The "Elliot Wave " is an interesting analysis tool and it seems that some are able to apply it and get usable results. But is it an actual formula, or is it more an evaluation method based on a lot of history? Or is the derivation much more of a secret?
Market Briefing For Wednesday, July 28
Interesting. Now consider that wearing masks has been done in some Chinese areas for many years. I recall the photos of commuters wearing masks in Hong Kong from back when I was in high school. And masks are much less an impingement on freedoms than closures are. IF masks had been mandated at day #1 possibly the plague would not have done nearly as much damage a it has done. Obvious in hindsight, not so obvious at the time. Of course the whole mask "thing" was new to much of the world at the start, and not many were available. But probably masking from day one would have changed a lot.
Just How Transitory Is Inflation?
Certainly quite educational. And as for predictions, I have found that it is much easier to predict the past accurately. But unfortunately it is not as much value.