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Gordon Johnson
"Derivatives, are financial weapons of mass destruction, carrying dangers that, while now latent, are potentially lethal”-W Buffett; tweets are not fincl advice
No. It’s not just you. Their sales are collapsing globally, as are their prices. The only thing rising is the stock price (for now).
Dec 23, 18:24
I ride Uber Black daily, and I'm always disappointed when it's a Tesla. They really feel like cheap plastic crap, never like the quality of Mercedes-Benz or BMW.
I never drove one myself though (I don't even have a drivers license), so I can't comment on the experience of driving one, but as a passenger, they always disappoint.
Is it just me?
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No inflation = highest inflation (when measured by GDP price) since Dec. '22, and WAY ahead of ests. (and also suggestive of a CPI number that is severely understated).
Dec 23, 22:23
PRESIDENT TRUMP: "The tariffs are responsible for the great USA economic numbers just announced."
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So... nominal growth in the U.S. is >8%, the GDP price index just came in at 3.8% (WAY above ests.), yet 10yr yields are at JUST 4.17%? History suggests w/ nominal growth at >8%, 10yr yields should be WAY higher. And, yet, the Fed is doing QE & cutting rates, encouraging EVEN MORE inflation! Wow!
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