Bountiful_Harvest
7 hours ago
The second part of that equation (FOMC + BOJ) should be revealed this evening. Then the chart has relevance. Historically, upon FOMC + BOJ policy collision, the USDJPY implodes shortly thereafter. That would reignite "forced" JPY carry trade unwinding.
Get OpEx out of the way this week, along w/ BOJ policy decision then watch what happens.
The market is in supernova mode ahead of the BOJ tonight. Market may or may not, churn for a few days. In any event, the market will fall off the cliff soon. The Fed really set things up in a big way this time. Get the popcorn out and watch the fireworks.
All my opinion of course.
cadillacdave
9 hours ago
This is many of the woke CEOs going along with this garbage.
What do most business entities try to do - expand and grow. So big business wants cheap labor which is accomplished through illegal immigration.
Additionally, 20 million + have entered the country. These folks couldn't afford products that are produced or sold in the US. But once they get here, not only do they work, as cheap labor, but they now become customers, as these companies have essentially grown their customer base.
A lot of bad forces at play here. You ask why this isn't being covered in the media, or why the politicians aren't pointing this out? Media is mostly propaganda.
The GOP and Dems are two heads on the same snake. The GOP wants the cheap labor for big business and the Dems are fine with it as well, as most of the CEOs are woke, and that cheap labor is a gift to them.
Furthermore, many are given a driver's license and are expected to vote in the upcoming elections, which will benefit the Dems.
Why do you think they resettle foreign "refugees" into specific areas? They are planting seeds and hoping those areas grow, with intentions of flipping those battleground states, like Ohio.
Same with Florida and Texas, both of which are under attack. Most of the people entering illegally are from warm climates and many of them settle in Florida and Texas. If either of those states shift to blue, it would be difficult if not impossible to win a national election. None of this is by accident.
Lots of reasons from a political perspective to allow this to happen. And none of those reasons benefit the American people.
Dallas-Cowboys
14 hours ago
Nvidia, T-Mobile, Ericsson, and Nokia are teaming up to implement AI into networks. A new Nvidia buzz word “Nvidia AI Aerial” here is an excerpt from an article.
“T-Mobile CEO Mike Sievert said: “AI-RAN has tremendous potential to completely transform the future of mobile networks, but it will be difficult to get right. That is why T-Mobile is jumping in now to help lead the way with our partners.
“This collaboration between T-Mobile, NVIDIA, Nokia and Ericsson will truly define what is next in mobile networks in the 5G Advanced era and beyond, and drive real progress where it is needed.”
NVIDIA founder and CEO Jensen Huang said: “AI will reinvent the wireless communication network and industry — going beyond voice, data, and video to support a wide range of new applications like generative AI and robotics. NVIDIA AI Aerial is a platform that unifies communications, computing and AI.”
tw0122
16 hours ago
Since the summer of 2018, there has been zero job creation for native-born workers...
Why have all new jobs since 2018 gone to foreign-born workers (i.e. immigrants)? Because you can be an illegal immigrant in deportation proceedings (not to mention anyone seeking asylum) and get authorization to work in the US for up to 5 years, no questions asked.
How is this not the biggest political talking point right now: since October 2019, native-born US workers have lost 1.4 million jobs; over the same period foreign-born workers have gained 3 million jobs.
Since the Biden administration opened the floodgates, 10 million illegal immigrants invaded the nation. The NGO serves as an extension for mega-corporations to exploit cheap labor.
Not if you are in the migrant category plenty of American high paying jobs being replaced by lower paying migrants Tyson DoorDash SAP Red Roof ETSY Shopify all killing the American dream companies..
How Shadowy Network Of NGOs Supplies Mega-Corporations With Migrants To Exploit
One week ago, we wrote a note describing how illegals are obtaining jobs through a federal government loophole enabled by the Biden administration as they await deportation proceedings. This caught the attention of Elon Musk, who said, "Wow, learn something new every day."
Now, we're revealing how corporate interests have become deeply interconnected with immigration through a non-governmental organization called Tent Partnership for Refugees. This NGO comprises more than 400 major multinational companies committed to hiring "refugees."
Several NGO partnerships with mega corporations include RedRoof Inn, Royal Farms, Shopify, CSX, Delta Airlines, DoorDash, Etsy, and even Bloomberg.
The NGO's relationships run deeper than mega-corporations, in fact, all the way up to the Biden administration.
In December of 2022, US Secretary of State Antony Blinken signed a memorandum of understanding with Tent Partnership to "expand economic opportunity for refugees" in the private sector.
This leads us to a Bloomberg report showing how meatpacker Tyson Foods Inc. is set to hire tens of thousands of migrants via Tent Partnership. Tyson already employs 42,000 migrants among its 120,000 US workforce.
"We would like to employ another 42,000 if we could find them," said Garrett Dolan, who leads Tyson's efforts to eliminate employment barriers such as immigration status.
https://t.co/pX023Ft9nT
https://www.zerohedge.com/markets/shadowy-network-how-ngo-supplies-mega-corporations-migrants-exploit-cheap-labor
How is this not the biggest political talking point right now: since October 2019, native-born US workers have lost 1.4 million jobs; over the same period foreign-born workers have gained 3 million jobs. pic.twitter.com/Z5HVWmQ24C— zerohedge (@zerohedge) January 15, 2024
cadillacdave
1 day ago
Yes, a lot of families are struggling. What folks don't realize is that raising rates to slow the economy, due to inflation, comes at a cost. It is well known, that raising the rates costs jobs as it slows the economy. So lowering the rates is not the answer. The lowering of rates should only happen when inflation is under control, and it is not.
The current inflation was induced by the current administration and their policies.
The whole build back better mantra - think about it. In order to "build back better", they have to tear down what is already in place. That is what we are witnessing or about to see. The best is yet to come.
cadillacdave
1 day ago
Sorry to disappoint you not being a positive poster anymore. I call it as I see it, and profit from it as well. I can tell you I am positively making $$.
You state "The things I have outlined have been around a long time"
I don't recall, Russia threatening Nuclear war, in the last 60 years. This is due to the Ukraine policies and allowing Ukraine to strike inside of Russia. That is offensive in nature, and is essentially a proxy war.
Yes, the Middle East has always had conflict, but not like this. Several countries aligned against Israel in this conflict, which is escalating out of control, while Iran is close to having a nuke. I don't recall that scenario being around for a long time.
You miss the point about it being an election year. I did not say it's the most important of our time etc. History has shown the markets almost always do well in an election year. So those predicting a market meltdown for 2024, were off base. It's coming, but it likely won't happen before the election.
I agree with much of what you say about the fundamentals of NVDA, Jensen being a great leader, big companies lining up to buy the product. All of that is true, which is why the company has had an amazing run for the past two years.
However, there are other factors, which I previously mentioned, which may derail the climb here. I am not all doom and gloom, I simply assess all of the factors, while many only consider the factors they want to hear.
The reality here is that the momentum has been lost and volatility has set in. A wise investor/trader adapts to the new environment, which is why I make $$.
NVDA has been down over the past three months. Perhaps it has a breakout quarter after earnings in the near future. But that may depend on market conditions and geo-political events.
You state that you aren't concerned about ROI. That is good to hear, because if this slips much further (leading the markets down) your 13% gain will quickly dissipate and you will be calculating losses.
Good luck to you.
4retire
1 day ago
The rate cut is being discussed in great detail on CNBC with Powell at the podium. He’s damned if he does and damned if he doesn’t. A lot of statisticians think that cuts should have started months ago. Some here think this is motivated by an upcoming election. It’s hard to believe that when so many families are facing severe hardship as they have run out of cash and are utilizing credit cards to sustain themselves. Current credit rates on cards run between 23-29% on unpaid balances. Defaults will unfortunately be rampant. Banks will suffer and even with rate cuts, getting credit will be restrained.
Companies that are trying to sustain and grow require financing (including NVDA). Based on poor government decisions inflation has caused prices to rise by over 20% on average. At the same time new loan costs have risen over 100%. As such, I believe we will see another cumulative 100 basis point reduction before the end of this year. This, in and of itself, will help the markets grow (IMO). There are those that will say it is artificially propping up the economy. I say our economy is doing ok, despite bad policies from the Biden administrations best efforts in “build back better”.
Jetmek_03052
1 day ago
You brag about how you are up 13% this year. Not doing so well? Even the S&P has a return of 19%, so far.
I was hardly bragging. Obviously I am in an extremely conservative investment model. I was a mechanic all my life and it took me a long time to save up what I did. I made a conscious decision to be very risk averse and avoid the large losses (and yes, I'm sure much larger gains) that a riskier model might give.
I could not care less what you (or anyone else for that matter) has made for a ROI. But I congratulate you.
Actually, NASA recently reported that a previously unknown and very large asteroid closely skimmed by the Earth just a few days ago. So they are out there and no, I do not make light of them. The next epidemic from a bird or a monkey? It's not a question of IF it will happen. It's just a question of WHEN it will happen. But unlike you and others here, I do not dwell upon it. I merely admit the possibility of it and will try to take it in stride, when it happens.
Yes, the examples you give are real. But you know as well as I do - the things you outline have been around a LONG time. How long has the Middle East been at each other's throats? 50-100 years or more. Most of the other things you give as examples are possible. It's an election year! BFD. Every presidential election in recent memory has been touted as "one of the most important in our lifetimes". The markets have ALWAYS been "manipulated".
I have to say I liked the board better when you were (apparently) a more positive poster. It's unfortunate that you have (apparently) joined the doom and gloom crowd.
cadillacdave
1 day ago
Yes, a lot of folks predicted a meltdown and things kept humming along. And why is that? It's an election year! Manipulation to keep things propped up.
You make light of the situatuon with asteroids hitting the earth etc. The factors I pointed out are actually very real and in progress, so your analogy falls flat, like the markets will next year.
You brag about how you are up 13% this year. Not doing so well? Even the S&P has a return of 19%, so far.
Despite my doom and gloom predictions, and consevative outlook, I am up 6.5x that, and the year isn't over.
Jetmek_03052
1 day ago
Sure.
And don't forget Dave...
The Earth could get hit by an asteroid, Global warming might cause a shift in the ocean currents and tip the Earth onto a different axis, a new bird flu could infect all the continents and cause death, widespread panic and economic ruin.....all SORTS of bad things could happen.
Of course....then again....NONE of what you or I predict could happen.
People said that the U.S. was already in recession and that the entire economy would suffer, with a stock market collapse almost being a sure thing....in 2023! What ACTUALLY happened? Everything just kept humming along and market participants saw some of their best returns. 2024 has seen its ups and downs but my retirement portfolio is some 13% ahead of last year. And I'm in a very conservative model.
Yup. Bad things MIGHT happen.
Can we wait until they DO, to start moaning about it???