Investing Going Into A Short Week -- January 16, 2023

Hey, how about them Cowboys? 

Covid, China, and net zero: so why did China abruptly pivot with regard to their net-zero Covid-19 policy. This got their attention:

From the linked article:

China’s economy grew at one of its slowest rates in decades last year as repeated lockdowns hammered households and businesses, emphasizing the high cost of zero-tolerance Covid-19 policies that Beijing abruptly abandoned at the end of 2022.

China’s economy expanded 3% in 2022, a sharp slowdown from the 8.1% pace recorded in 2021.

Aside from 2020, when the economy grew only 2.2%, last year marked the worst year for gross domestic product growth in China since 1976, the year that Mao Zedong’s death ended the decade of strife known as the Cultural Revolution.

The ditching of almost all public-health restrictions in China after nearly three years of smothering even tiny virus outbreaks sets the stage for an economic rebound in 2023.

Economists expect a consumer-led recovery in China this year to buttress global growth as the U.S. and Europe flirt with recession.

For full-year 2022 for the US, real GDP could come in at 2.0%. 

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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.    

If 2023 turns out to be a good year for investors, for some ideas on the NASDAQ, click here. Let's see if I can name them from memory: MSFT, NVDA, ZS, AMZN, and AAPL. Let's see what they were and in the order shown:

1. MSFT: one of the safest and one of the best
2. AAPL: with AAPL down 25% from its all-time high, this is a rare opportunity ...
3. Zscaler: having had a really rough couple of years, the company posted the fastest rate of growth in FY 2022 since the company went public in 2018, even in the face of a weak economy. Unaware of announced worker layoffs.
4. NVDA: three core competencies -- gaming; AI, and its Drive platform. The latter: has been adopted by at least 35 of the world's largest car manufacturers. Drive is an end-to-end hardware and software solution for fully autonomous self-driving capabilities.
5. AMZN: the word "trillion" appears  a couple of times at the linked article with regard to AMZN.

I have a rolling 30-year horizon with regard to investing. Over the long weekend, this popped up in my social media feed: