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human behavior, behavior finance, investments, trading
Wednesday, July 24, 2024
AI fatigue brings NASDAQ 8% down
SPX drops 4%
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lower crude & low NFP caused ...
drop in yields to 5.16p
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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