Thursday, May 15, 2025
MacKinze Scot is 3.69B poorer in 2025 ...
this is how you use OPM & in this case ex-Husbands' .. not only she lost because of bad management during market turmoil but also throwing funds to NGO & i can bet that she can't even name them ..
& then the question arises how come a smart guys like Jeff B lived with such a woman with so long & of course he concluded that paying a few Billions is a better option to get rid of her ..!
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NFP 162K .. higher than expected ...
But not enough for a rate hike ..!
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because inflation is a monetary phenomenon .. it rises in proportion to the money supply (mostly reckless spending by congress) or a reducti...
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as Fed have been raising Federal rates (short-term) this year, market has been dropping long-term rates since Jun 15th anticipating downturn...
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And GooG issues new stock to generate $80B to invest in AI buildup .. now that's smart .. but who's?