Updates
Later, 9:47 a.m. CT: extremely bullish for those with a 30-year horizon.
Later, 9:36 a.m. CT: JPow threaded the needle very well. He clearly telegraphed that the Fed will definitely increase the "rate" at the next meeting (March, 2023). He also telegraphed that the Fed will (likely) raise the rate by 50 points.
Had he said the Fed would move sooner and higher than the expected 25 basis points at the next meeting (March, 2023), the market would have fallen much farther than it did after his remarks today.
The market in early trading, during his testimony, reflects a raise of 25 basis points in March, 2023. The market is waiting to see whether it will be a full 50 basis points.
His remarks were made in an attempt to slow the exuberance of the market without killing it, knowing that the "rate" will be 50 basis points higher by June, 2023.
Original Post
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site. Do not make any investment, financial, job, career, travel, or
relationship decisions based on what you read here or think you may have
read here.
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.
Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.
Recession? What recession? Link here.
Recession? What recession?
- Dick's huge beat; link here.
- doubles its dividend
Motley Fool:
- RIVN: link here.
- willing to take a bet; small window of opportunity for Rivian
- no hurry for investors to jump in
Barron's:
- INTC: link here.
- discusses Intel's decision to outsource manufacturing to TSM
West coast ports:
- Freightwaves: link here.
- beleaguered; apparently no backlog any more; LOL
The WSJ: several interesting stories
- E-bike battery fires; that's why I don't charge Sophia's hoverboard in thee garage overnight
- Toblerone: needs to comply with Swiss law;
- Lego: beating Barbie and Monopoly;
- the southern surge: this issue no longer concerns me
China sounds alarm.
- South China Morning Post; link here.
- fears Apple moving to India;
- bullish for Apple; now we have India, China, Vietnam, Indonesia vying for Apple manufacturing;
Tesla:
- Yahoo!Finance: link here.
- for the archives; I had forgotten how expensive Teslas are;
EU natural gas:
- social media: link here.
- to establish its own "buying cartel"
Ukraine:
- ZeroHedge: link here.
- great visual;
Here we go:
- MacRumors: link here.
Apple:
- I won't even mention AR headsets. LOL. I just did.
Investing:
- this would be the week I invest (second and fourth week each month);
- it's likely I will wait until next week, or late this week;
- will wait until after stock market dust settles after JPow's remarks
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