Manual labor jobs are going away. OK for the consumer, but bad news for workers, who are also consumers.
This is what happens when you think that any kind of war is easy to win and you attack without any kind of plan. Raging dumpster fire.
Tim remains cheerfully short, but the jerk-offs in D.C. are going to keep trying to prop this shitshow up until they can’t do it anymore.
My big winner this morning is DXC Technology. I’ve gone ahead and covered it for a great profit, although knowing me the damn thing will just keep plunging. Anyhow, it lost a third of its value instantly this morning. As I mentioned yesterday…
“Investors” have become all too accustomed to being saved at any sign of trouble, much like a three-year old with helicopter parents.
Stocks rebounded out of the fear zone and into the caution zone
Should we be worried?
A few blocks from Tim’s home is one of the prettiest places in Palo Alto. Or, rather, “was.”
The more exciting thing is the setup that I believe is taking place right now.
The minions of the Federal Reserve as frantically scurrying around trying to talk up the market, and it’s working…