Investor Talk -- November 30, 2022

Investors.

Today at Bloomberg:

• cotton: has crashed; wholesale prices down almost 50% in the past six months
• in two years through May, 2022: cotton had more than tripled to $1.58 / pound
• US clothing inflation peaked at 6.5% earlier this year, only the fifth time in 75 years that it’s run above 6% (the others being in 1951, 1974, 1980 and 1991). Cotton wasn’t the only reason; higher shipping costs also contributed.
• coffee: is also crashing
• The reason? Forecasts for a better crop next year in Brazil, the world’s top producer.
• European LNG:  Liquefied natural gas imports from Russia are up about 40% in a year, and the EU is paying record amounts to keep them coming.
• temperatures are poised to plunge next month in northern Europe as cold air blows in from the Arctic in what will be the first proper winter test for the region’s fragile energy systems.  
• copper is poised for its biggest monthly advance since April 2021, as investors bet China may shift from Covid Zero policies and boost demand in the top metal-consuming economy. 
• gold headed for its best month since May 2021 after the dollar fell. 
• electric cars in the US have a charging problem, with not enough stations and spotty equipment, according to the Wall Street Journal. 
• The government is pouring billions of dollars into developing highway charging networks, but businesses aren’t sure how they’ll make money, and some rural stations could operate at a loss for years. 
• I think the writing is no the wall how this will play out
  

Then this, link here:

Elon Musk: his comments and the tone of his comments suggest his twitter revenue may be in deep trouble; certainly Tesla is in trouble. Apple accounts for 50% of twitter ad revenue, according to one source.

Market:

• so much is "on sale." On social media, so many are complaining about the market;
• however, if one has a 30-year horizon, looking good for investors;
  
• in addition, the market is very volatile: great for traders;
• what's not to like;
  
• folks seem to forget that once the Fed pivoted to higher interest rates, and at the aggressiveness this time around, the market would take 550+ days to recover, based on historical data;
  
• we are at day 243
• we have at least 200 more days, based on historical data, of nice buying opportunities
• have a plan
• stick to it

AAPL: only one stock as an investment interests me now -- AAPL

• "interests me": doesn't mean I'm buying; simply means I'm fascinated about what's going on with AAPL right now
  
• I'm sticking with my plan (posted numerous times)
• I thought I would never get the opportunity to buy more AAPL

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All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.