TheVIP Ventures
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Thursday, April 28, 2022
Q1 GDP down 1.4%
GDP loss first time since out of covid
FB disappoints on QE, stock jumps after going down 50% YTD
TELADOC - a Cathy Wood favorite plummets
market finds support at 4200
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NFP 162K .. higher than expected ...
But not enough for a rate hike ..!
why tariff's are not causing inflation ..?
because inflation is a monetary phenomenon .. it rises in proportion to the money supply (mostly reckless spending by congress) or a reducti...
why market is going opposite to Fed ..?
as Fed have been raising Federal rates (short-term) this year, market has been dropping long-term rates since Jun 15th anticipating downturn...
BRK invests additional $10B in GooG stock ...
And GooG issues new stock to generate $80B to invest in AI buildup .. now that's smart .. but who's?
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