BG is fine, billionaire, but that is not good for stock investors like you and others.
FED Fund rate => Kill companies, make them file bankruptcy, IPOs, public companies => Affect economy => reflect in stock market recession => Inflation reduction.
This is 3-5 year task, like the struggle we had between 2008-2011 without which inflation does not reduce.
There wasn’t much speculation needed in the 2-3 months ahead of Russian invasion. The US has been broadcasting Russians’ every move on the ground, and sounding the alarm bell almost daily.
Josh Brown is against fast rate hikes. He said labor is 50%-55% of cost of goods. Tricky to push cost of labor down… who want a pay cut in current environment?
Jeremy Siegel is on the same page as JC and Tom Lee… S&P at the end of the year would be higher than today.
Seasonally, Jul is a strong month with a Aug peak. Is this just a seasonal rally or start of a new bull run?
So far, retail have net inflows for 2022. Those using cycle theory thinks that is a bear rally possibly till end of the year then follow by a multi-year downtrend.
During QE, flush with liquidity, so many $1T potential, many of these are now less than $100B, some less than $10B. QT leads to valuation crash back to reality. Many influencers say that valuation have not discounted for deflated earnings, so expect more pain. We’ll see.
Companies with higher than $1T market cap
AAPL $2.41T
MSFT $1.92T
GOOG $1.48T
AMZN $1.17T What happen? 1 blogger here said is best company in the world
Cathie’s best company, TSLA $0.75T
Beth’s best company, NVDA $0.39T
AAPL >> AMZN TSLA NVDA combined
MSFT = AMZN TSLA combined
GOOG >> TSLA NVDA combined