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i mean, lotta people are going to cash, theres that. but dont overlook the fact that this guy is probably a whole idiot and if the S&P blooms 20% a year for the next 3 years and THEN shits itself, the people who missed out on that growth arent heros, they didnt win the game. i really just posted it because the source of the opinion is interesting and its an interesting macro take. id caution anyone against basing decisions around it tho.
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Originally posted by Sanlmar View PostCNN bought the broadcasting rights to the Ukraine war.
Alec Baldwin promises no live ammo this time
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Sen. Elizabeth Warren now wants to ban all state lawmakers and elected officials from trading corporate stocks
I mean we get it. Ok, more than annoyed that it was so blatant these past two years but we always knew how folks on the Hill got wealthy.
I have been no particular fan of Warren but it’s funny how I’m now interested. Perhaps even warming.
What crushed any last respect for the institution of the Fed was their members engaging in trading….. with little or no repercussion. If only there was a tracking fund.
I don’t know where we go from here but is there an institution with any dignity left? Greenspan might have been misguided and odd but I think he had moral fiber, for example. Maybe that wasn’t true and I was oblivious.
I want to return to naïveté (I don’t mean PFA).
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