Today Market Jun 2022

Thanks. I’ll check it out.

There are not that many good shows to watch. I’m rewatching old stuff because all the new stuff are mostly so bad .

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New stuff are targeted to those who want to watch pretty girls and boys. Professionalism in acting is no longer cherished.

Talking about stock investment. Rather than individual stocks, might be a good idea to time the entry to TQQQ. When to buy? Kris Patel has an idea…

I think the amount of TV and movie content is a sign of economic bubble from easy money. The number of shows is insane. Even Netflix has said they have way too many shows and need to cutback on quantity and improve quality. There are far too many streaming services, and there’s need to be consolidation. That’ll lead to cutbacks on office staff and production budgets.

I’m watching all of “House.”

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Transferring patients from bed to wheelchair and from wheelchair to assisted walking or exercise machines can be more safely accomplished by robots.
And say someone with dementia can’t hold the moment well but can remember 1957 perfectly. Do you know what happened in every inning of every baseball game in 1957? How about every line in every movie that year? A robot can do this. Trouble with English, breaking into your native language for time to time? No problem for a robot. I’m not saying eliminate people but use of them can be greatly reduced. Acceleromotors in patient’s pajamas can give robots instant info on position and when to rotate folks to eliminate bedsores or assist them when they try to get up on their own and risk a fall and broken hip.

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Why tie up valuable resources to keep them alive? Opportunity cost is very high. Are these people paying for the expense?

What we would spend having robots do it - and do it better- is nothing compared to what we are spending having people try to do it.

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We spend a majority of healthcare expenses on a very small percent of people. 50% is spent on 5%.

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Agree with him. Don’t BTFD of any stocks till Fed becomes dovish or rumor that Fed would become dovish. Ok for S&P.

Money supply determines market cap of a company, not sure how many know that. Sometimes I wonder why uber bull of a company use only financial data to determine the market cap of a company.

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Will be a milder version of 1979-1980s stagflation? Are we in late 1960s or late 1970s?
After 10 years, S&P is 3x :grinning: higher than the ATH and 4x :+1: higher than the low in late 1970s.
That is, doesn’t matter how you buy S&P, BTFD or DCA or any how buy, so long you buy, you make :moneybag: Stock picking may not be so lucky.

In the age of social media, possibly true.

“It’s a mental recession.”
Phil Gramm, 2008.

That is good for mankind. We need reasonably priced labor.

@marcus335

Ron doesn’t agree with you.

It might be useful if he explained why.