%% Good points+ PT Jones points. I was planning on taking some partial profits 1st week in JAN,2020. Because of 1999 JAN vol.But NasdaQ/QQQ never got that wild, 1st week.Mr Ray Dallio had a great inVesting/trade point ''cash is trash'' unless one is in the salvage/recycle business. LOL-LOL Thanks for the link, good thing most companies are run better than TSLA; QQQ is still looking good, but DAL sector maybe was listening to his travel trend /coronaVirus remark??.......................................................................................................
Why? Did Boeing lay off a whole bunch of peeps? Last I heard, the Max is now coming back in the summer. That's a positive outlook for jobs and production.
Haaaa....10,000 points higher...how much can you possibly stretch valuations that are already stretched enough??? Trump says GDP would be near 4% and the Dow would be up to 10,000 points higher if it weren’t for the Fed PUBLISHED WED, JAN 22 20204:24 AM ESTUPDATED MOMENTS AGO Mike Calia https://www.cnbc.com/2020/01/22/trump-says-gdp-dow-would-be-higher-if-it-werent-for-the-fed.html
%% My figures say 16 or 17 ; but 17 or 24, that is still 5 year low range..............................................
%% DOW almost always has a weaker/ cheaper/ lower PE than SPY+ QQQ. Some long only mutual funds like to buy low PE stocks, that tend to underperform, fine if you get paid on AUM, I don't. MOST low PE stuff goes lower LOL. HI+ higher PE stocks in QQQ tend to go higher; eVen though WSJ likes to try to promote low PE stuff like the DOW.....................................................................................................
from, TMZ news desk, S2007S just laid off his butler. that d make the problem even worse!!! https://www.businessinsider.com/boeing-737-max-layoffs-skills-inc-disabilities-supplier-2020-1 Boeing has about 600 suppliers that build components or provide services related to the Max, some of which earn a substantial portion of their revenue from Boeing contracts related to the plane. Boeing says it's the largest manufacturing exporter in the US, which, coupled with the number of suppliers it buys from, can lead to an outsize effect on workforces around the country — Boeing has just over 150,000 employees across its commercial, defense, and global services divisions, but the actual number of engineering and manufacturing employees touched by the plane is far greater. Earlier this month, Spirit AeroSystems, which builds fuselages for the plane, announced it would lay off 2,800 workers at its factory in Wichita, Kansas, because of the 737 Max production halt, with smaller cuts planned at its facilities in Tulsa and McAlester, Oklahoma. Spirit said that building components for the 737 Max accounted for about 50% of its annual revenue. An employee told Business Insider that layoffs would begin to take effect this week. General Electric, which builds power plants for the 737 Max and other planes, laid off 70 temporary employees at a factory in Quebec, but GE's aerospace-engines division has a far more robust client base than some other suppliers.
Maybe I missed it ... "American Exceptionalism" doesn't appear to have much to do specifically with rate of growth ... a little higher or a little lower. https://en.wikipedia.org/wiki/American_exceptionalism