Locator: 46667US.
Updates:
Later, 7:53 p.m. CT: this is pretty funny. Shortly after posting the original post below, maybe an hour ago, this popped up, The WSJ:
Exuberance is back in markets. A frenzy over artificial-intelligence technology has stoked a monster run in Nvidia shares. Major stocks indexes are clinching repeated records. And even bitcoin is threatening to set a new high.
In times like these, financial advisers caution clients not to let a fear of missing out drive their decision-making. They encourage them to diversify their holdings and stick with dollar-cost averaging—investing a fixed amount of money at regular intervals—because attempts to predict a market top or bottom rarely pay off.
Jordan Buchanan, a 35-year-old Navy officer stationed in Virginia Beach, Va., opted not to renew his certificate of deposit when it matured in January, even though he could have gotten a 5% yield. Instead, he plopped $10,000 into
Nvidia,Super Micro Computer,Amazon.comandMicrosoft, among other stocks.His portfolio is up 17% this year, outpacing the tech-heavy Nasdaq Composite’s 8.4% advance.
I know the shoe shine man is advising his clients to get out of cash. I have no plans to read the rest of The WSJ article. I'm going to the movies.
Original Post
EV implosion.
Bitcoin.
Ozempic.
Nvidia.
US equity markets hitting all-time records. Sometimes all-time records go back as many as two years.
The "trillion-dollar club" gets bigger.
MMFs. 5%.
Apple Card pays 4.5% and guarantees $1 million. The FDIC max: $250,000.
PCE.
New phrase: "no rush to cut." No cuts in 2024?
US shale. WTI at $80. OXY can cover dividend at $40.
US infrastructure. CAT at record highs.
Presidential election.
AI.
Metonyms: Wall Street, Nvidia, Bakken, Ozempic.
Gaza.
Ukraine.
Sweden. NATO.
Asymmetric warfare on steroids: Red Sea; Ukraine.
Rule changes: IRA-RMDs, 529s.
DEI, ESG out. Returns in.
Private companies --> to the moon.
Jobs everywhere.
Southern surge.
Dune: Part 2.
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The Gilded Age
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"No Rush To Cut"
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