those who have listened to me in past about FB/META know that it has always been my opinion that this company provides no value whatsoever ... but the point is that even a no value add idea may turn someone into a billionaire for a while ... the company / idea was an outcome of good times (low interest rates) of last 20 years or so ..!
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GDP & Nuclear warheads of various nations : Russia 2.714T 5,500 India 3.9T 180 China 18.74T ...
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It will percolate in CPI in future .. still expecting many rate cuts this year .. think again ..!
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Gold reaches all time high indicating inflation in future; so why are we expecting Fed to cut rates ..?
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