I dont care what anyone else thinks.....my view....The FED is RIFE with BIAS, politics, self-interest, and worse. Ex-Fed Governor Kugler Resigned After Violating Trading Rules https://finance.yahoo.com/news/ex-fed-governor-kugler-faced-143943538.html "......Kugler’s latest financial disclosures, which included previously undisclosed trading in multiple individual stocks in 2024 — some of which occurred during the Fed’s blackout period — in violation of the agency’s ethics rules." When she resigned......."the Fed said her absence was due to a “personal matter.”".......REALLY? This is the legacy of the POWELL FED........there were revelations of unusual trading activity in 2020 by several senior officials. Boston Fed President Eric Rosengren and Dallas Fed chief Robert Kaplan retired early after the revelations, with Rosengren citing ill health. RIGHT.....ill health.....in the form of getting caught. MY COMMENT The POLITICAL and GOVERNMENT ELITES.....in action. These people are all though our government system....and...they never pay much of a price for their actions.
DUH. ‘Hold your ground’: Wall Street strategists say tech stock sell-off is a short-term blip as earnings bull case remains intact https://finance.yahoo.com/news/hold...nings-bull-case-remains-intact-153023828.html
The week to come. Nvidia, Walmart earnings, and the return of jobs numbers: What to watch this week https://finance.yahoo.com/news/nvid...umbers-what-to-watch-this-week-124502640.html For me....HD on Tuesday and NVDA on Wednesday.
There have been quite a few of these little stories surface over the past few months. Of course, it is nothing new. It is a story as old as time itself. Policymakers and the like all spout they want office to "help" and to make some difference and they do.....it is just usually themselves and their cronies.
YES.......it cuts across all lines.....it is the corruption that comes with power and perks....AND...especially with people FAWNING over you all the time.
Speaking of NVDA. As mentioned above, their earnings report this week. A timely story that may be tossed about….Thiel’s fund fully exits NVDA according to its 3Q filings. I wouldn’t be too surprised to see this topic used to stoke some noise.
Are you seeing this with anyone you know LORI? Thanksgiving becomes British obsession as younger generations embrace American holiday Gen Z and millennials drive 440% surge in Thanksgiving searches, turkey sales jump 38% https://www.foxnews.com/food-drink/...-younger-generations-embrace-american-holiday This little article also mentions Halloween.....which I know you mentioned. Looks like the GEN Z and Millennials.....are willing to adopt some of the culture of the USA. LORI....Perhaps you are a very early adapter of USA style investing in England....and over time will see more and more people join you.....in addition to Halloween and Thanksgiving. You as a very early adapter.........will be an example to others.
As to my post on NVDA/Thiel…I just found it interesting since with the PLTR connection and that his fund bailed out of NVDA. Nothing more than just that.
Speaking of being WRONG.......here is a little research study by the Federal Reserve Bank of San Francisco. Guess what..... "we find that a tariff hike raises unemployment (lowers economic activity) and lowers CPI inflation. Using only tariff changes driven by long-run considerations—a traditional narrative identification—gives similar results. We also obtain similar results if we restrict the sample to the modern post World War II period or if we use independent variation from other countries (France and the UK)." "The inflation response goes against the predictions of standard models, whereby CPI inflation should go up in response to higher tariffs." MY COMMENT The two quotes above are the direct and unambiguous CONCLUSION from the actual paper put out by the San Francisco FED. HERE....is the study: What Is a Tariff Shock? Insights from 150 years of Tariff Policy https://www.frbsf.org/wp-content/uploads/wp2025-26.pdf SO.......ALL...the usual media BS and.....ALL....the vast majority of experts....predicting and claiming that increasing tariffs will causes inflation were.....WRONG. AMAZING.
