okayBull market, bear market. Those were terms from the previous age. I'm a firm believer that we're now in the time of the cancer market. Growth may not work out as expected.
- 2
- 2
okayBull market, bear market. Those were terms from the previous age. I'm a firm believer that we're now in the time of the cancer market. Growth may not work out as expected.
I read this and pictured some husband somewhere listening to his wife and thinking "its not worth the argument, just say ok"okay
ChatGPT to the rescue:Anyone have any opinions on difference between JEPI and JEPQ?
forecasts 2023 production well below analysts' estimates
NGL their factory looks pretty embaressing compared to the Tesla factories. It's like they didn't have much of a plan on how it'd work when they started building or something.RIVN
Issuing $1.3b in new bonds to "shore up cash".
"Rivian, which has been losing money on every vehicle it builds, forecasts 2023 production well below analysts' estimates as it grapples with lingering supply chain bottlenecks after narrowly missing its target last year.
Rivian plans to sell $1.3 billion in bonds to shore up capital, shares fall
Rivian Automotive plans to sell bonds worth $1.3 billion, it said on Monday, as weakening demand and lofty costs tighten a cash crunch around electrical vehicle makers. Initial investors will get an option to buy an additional $200 million of the bonds for settlement 13 days after the bonds are...finance.yahoo.com
Opening Fed hearing notes:
10:00 *(US) FED CHAIR POWELL: WE WILL STAY THE COURSE UNTIL THE JOB IS DONE; ULTIMATE PEAK LIKELY TO BE HIGHER THAN EXPECTED; PREPARED TO INCREASE PACE OF RATE HIKES IF NEEDED; LATEST ECONOMIC DATA HAS BEEN STRONGER THAN EXPECTED - SEMI-ANNUAL TESTIMONY IN SENATE
- Ultimate rate peak likely to be higher than expected
- History cautions against loosening policy prematurely
- Restoring price stability likely requires we maintain a restrictive policy
- Long way to go on getting inflation back down, road likely to be bumpy
- To get inflation back down to 2% need lower inflation in core services ex housing and very likely some softening in labor market
- Some strength in overall Jan data likely reflects unseasonably warm weather
- Will continue to make our decisions meeting by meeting, based on totality of incoming data and implications for outlook for growth and inflation
This idea only goes so far and then you run out of cash. Even Elon was a day away from bankruptcy with Tesla at one point.Tesla started fairly spartan in their factories as well. You can't compare 12+ years of Elon at the helm worth of progress and expertise to a new startup carmaker. The hurdles in scaling up production are enormous. Hell, Elon has said as much repeatedly. The idea behind Rivian is to create a product people want, and ramp production gradually. You can't ramp production first without an enormous pile of cash / investors.
This is common place even outside of the auto industry. Make a widget at a loss to simply get the product out there and boost awareness & demand. Invest in the scaling / production later.
Really is amazing how much these top tier experts get to be so insanely timid and act like they had no idea whats going on or where things are going.ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zerowww.zerohedge.com
You forgot the quotes around "experts".Really is amazing how much these top tier experts get to be so insanely timid and act like they had no idea whats going on or where things are going.
What about PFE? Been considering them for a dividend pickup. And they've been hammered for a while.Dropped an order in to buy a starter position of CVS at $80.50
This price gives it a 3% dividend yield and it has some support between $79.50 and $80.50
I have philosophical issues owning PFE. Its on my won't buy list.What about PFE? Been considering them for a dividend pickup. And they've been hammered for a while.