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Sunday, April 26, 2026

Only One Thing Concerns Me About The Market -- New Fed Chairman May Head Off My Concerns -- April 26, 2026

Locator: 50632ECONOMY.

My only concern about the global economy: a global recession led by the airlines. 

Airlines have huge debt issues, so a dovish Fed would go a long way to offsetting the current issues facing the airlines. A government bailout of Spirit Airlines would speak volumes. So, we'll see. 

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The AppEconomy

Link here

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Investing

I might post the P/E but I never make an investing decision based on the P/E.

P/E? Nope. The only thing I pay attention to is the PEG.  

INTC's P/E

As of late April 2026, Intel Corporation's (INTC) trailing twelve-month (TTM) P/E ratio is highly volatile and negative, reported by various sources in the range of -131 to -1,141, reflecting recent losses. The Forward P/E ratio is high, often cited over 120-160, indicating anticipated low earnings relative to the current stock price.

INTC's PEG:  

Intel Corporation (INTC) shows varied Price/Earnings-to-Growth (PEG) ratios based on different calculation methods. As of April 2026, some sources indicate a trailing PEG of 2.17, while others show a negative -8.31 based on recent earnings figures, indicating highly inconsistent earnings growth compared to stock price performance, with 5-year expected PEG metrics often not fully defined, reports.

Micron?

Micron Technology (MU) currently exhibits an exceptionally low PEG ratio, noted at 0.2x in April 2026, indicating the stock is potentially undervalued relative to its high earnings growth—fueled by AI demand and high-bandwidth memory (HBM). The company expects over 70% annual earnings growth.

Micron and Intel are not competing directly with each other. They may be competing for the investment dollar bu they are not competing for the same business.