Oh, by the way, as I expected, tech earnings so far are not saving you.
My AAPL is up over 25%. You really are a contrarian indicator.
You really are the contrarian-contrarian indicator. $152.34 down to $134.87 since your post. So you can mark that down to 13.5%, clearly inferior to HSGFX. 😹
Anyone have any thoughts on Meta? Company is obviously having major problems, but I can't really see them going bankrupt. Could it be a buy?
Down 70% off their highs, and announced 13% of reduction of workforce, which the street is interpreting favorably as their acknowledgement that they finally need to get serious about cost containment, you may be on to something. Up big on a down day with that announcement. It would certainly seem more likely that they appreciate from here as opposed to going down yet more. I may join you in adding to the small position i already have, that is deeply in the red, btw.
Anyone have any thoughts on Meta? Company is obviously having major problems, but I can't really see them going bankrupt. Could it be a buy?
Down 70% off their highs, and announced 13% of reduction of workforce, which the street is interpreting favorably as their acknowledgement that they finally need to get serious about cost containment, you may be on to something. Up big on a down day with that announcement. It would certainly seem more likely that they appreciate from here as opposed to going down yet more. I may join you in adding to the small position i already have, that is deeply in the red, btw.
I don't have a dog in this fight, but here are some takes on Meta.
Anyone have any thoughts on Meta? Company is obviously having major problems, but I can't really see them going bankrupt. Could it be a buy?
Down 70% off their highs, and announced 13% of reduction of workforce, which the street is interpreting favorably as their acknowledgement that they finally need to get serious about cost containment, you may be on to something. Up big on a down day with that announcement. It would certainly seem more likely that they appreciate from here as opposed to going down yet more. I may join you in adding to the small position i already have, that is deeply in the red, btw.
I don't have a dog in this fight, but here are some takes on Meta.
Not in its original form which came from the black community.
In its current form, that does have to do with being woke. WE have to pretend gender is not biological.
You’re starting to sound like Ghost who seems to think men can get pregnant. But you’re right about this word being related to race. RWNJs have tried to reframe the definition to fit their agenda, but that is racist behavior.
Down 70% off their highs, and announced 13% of reduction of workforce, which the street is interpreting favorably as their acknowledgement that they finally need to get serious about cost containment, you may be on to something. Up big on a down day with that announcement. It would certainly seem more likely that they appreciate from here as opposed to going down yet more. I may join you in adding to the small position i already have, that is deeply in the red, btw.
I don't have a dog in this fight, but here are some takes on Meta.
Not in its original form which came from the black community.
In its current form, that does have to do with being woke. WE have to pretend gender is not biological.
You’re starting to sound like Ghost who seems to think men can get pregnant. But you’re right about this word being related to race. RWNJs have tried to reframe the definition to fit their agenda, but that is racist behavior.
“Wokeness basically wants to make comedy illegal,” Musk said. “Trying to shut down Chappelle, come on, man, that’s crazy. Do we want a humorless society that is simply rife with condemnation and hate basically? At its heart, wokeness is divisive, exclusionary, and hateful. It basically gives mean people a shield to be mean and cruel, armored in false virtue.”
Not in its original form which came from the black community.
In its current form, that does have to do with being woke. WE have to pretend gender is not biological.
You’re starting to sound like Ghost who seems to think men can get pregnant. But you’re right about this word being related to race. RWNJs have tried to reframe the definition to fit their agenda, but that is racist behavior.
“Wokeness basically wants to make comedy illegal,” Musk said. “Trying to shut down Chappelle, come on, man, that’s crazy. Do we want a humorless society that is simply rife with condemnation and hate basically? At its heart, wokeness is divisive, exclusionary, and hateful. It basically gives mean people a shield to be mean and cruel, armored in false virtue.”
How is being woke considered madness? I still think you don’t know what “woke” means. At least I hope so.
"Just curious...what is your motivation to become politically active? Why make yourself a target?" the Twitter user asked. "You are trying to get mankind to Mars and alert the public to the danger of AI. Why sabotage these worthwhile goals by wading into political controversy? Is it worth it?"
In response, Musk wrote: "Unless it is stopped, the woke mind virus will destroy civilization and humanity will never reached Mars."
How is being woke considered madness? I still think you don’t know what “woke” means. At least I hope so.
"Just curious...what is your motivation to become politically active? Why make yourself a target?" the Twitter user asked. "You are trying to get mankind to Mars and alert the public to the danger of AI. Why sabotage these worthwhile goals by wading into political controversy? Is it worth it?"
In response, Musk wrote: "Unless it is stopped, the woke mind virus will destroy civilization and humanity will never reached Mars."
While i don't anyone would criticize Musk for having or expressing political views, it does become problematic when he assumes the responsibility of mediating a public messaging medium like Twitter that has become so divisive and a tool to perpetuate conspiracy theories, misinformation, and hate speech. One might rightly ask if it is prudent or appropriate for the arbiter of such a platform to demean and dismiss large, mainstream swatches of the demographic as he has recently done to the democratic party.
Probably 2/3 of the country thinks we're in recession, but meanwhile the Fed thinks we are growing at the sizzling rate of 4.0%. Real. Hard to see stocks fall much given that kind of growth. Sure they could fall sharply, but more than 10-15% from here? I doubt it.
Probably 2/3 of the country thinks we're in recession, but meanwhile the Fed thinks we are growing at the sizzling rate of 4.0%. Real. Hard to see stocks fall much given that kind of growth. Sure they could fall sharply, but more than 10-15% from here? I doubt it.
GDP Now:
Latest estimate: 4.0 percent — November 9, 2022
An actual recession was never in the cards as long as unemployment was 3.xx%. Recent layoffs in tech might boost that up, but let's not forget that 5% is (or was at least) considered full employment.