To The Moon

News and my muse

• As inflation surges with energy & food challenges, Europe & America would need to choose between their citizens and bullets for Ukraine.
• <CNBC> Renters are most behind on payments in these 10 states. Some 15% of American households, around 6 million, are behind on rent this fall, according to a recent report.(07Oct2022)
• <Freightwaves> Three key drivers shaped ocean shipping markets in 2022: the end of the container boom, Russia’s invasion of Ukraine and China’s worsening economic and geopolitical situation.
• <Reuters> At the end of 21Dec22, The S&P 500 posted 5 new 52-week highs & 3 new lows; the Nasdaq Composite recorded 69 new highs & 268 new lows. On U.S. exchanges 9.81 billion shares changed hands, compared with the 11.16 billion average for the last 20 sessions
• <Business Insider> Goodbye to the good life: The cushy perks of tech work are rapidly disappearing
• <Reuters> Ghana to default on most external debt as economic crisis worsens
• The illusion of knowledge is amplified during the bull market and the disillusion will be amplified during the bear.
• <Forbes> Tech Layoffs: Cisco Announces Mass Layoffs - 4,100 Employees Cut
• Investing lesson of 2022 Geopolitics is a factor in the price but not the value. Macro has her short-term say. The margin of safety remains one of the keys.
• Optimism is good but objectivity can be more needful during such times. Some great companies are priced attractively but I am concerned that the macro should worsen over the coming months. Prudence is ever needful during this season.

@TigerStars

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