Wednesday, July 30, 2025

GDP 3.0% & price index 2.1%

both came out fine .. which means that all the experts in markets and Fed got it wrong in April as they panicked following equally dumb media ..!

fed is supposed to be numbers driven as in present, and not based on making guesses to what may happen ..! 

imports decline 38% & we survived partly due to excess buying in Q1 & partly we are accumulating less garbage in our garages; or buying only what's essential like [imported] food items.. bottom-line no inflation ..!

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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?