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News and my Christmas muse (25Dec2022)
@KYHBKO：
News and my muse As inflation surges with energy & food challenges, Europe & America would need to choose between their citizens and bullets for Ukraine. 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) 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. 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 Goodbye to the good life: The cushy perks of tech work are rapidly disappearing 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. 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 $Cisco(CSCO)$ $S&P 500(.SPX)$
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