We have all sorts of news to digest this week.
There will be inflation data followed by confirmation of Kevin Warsh as Fed Chair.
While that is interesting, it is nothing to compare with the rise in chip stocks.
We have seen Micron double in value in little or no time.
A laggard for some time has found favor as Intel announced an agreement with Apple to produce chips for the phone maker.
This is literally like throwing darts at a board and being rewarded.
If one just bought one of the Chip ETFs at the end of March, they could take the summer off and wait for next year as the whole group has almost doubled in
value.
That is when you leave well enough alone and cash out. What in fact will happen is most will likely leave their chips on the table.
Never forget that greed corrupts ultimately.
On the foreign policy side,
Trump rejected the Iran answer
to his peace treaty. Lest one forget we are almost three months into this situation.
I don’t foresee a recession in the United States, one has to realize the impact of oil on Asia and Europe is getting serious.
I know that when the U.S. sneezes the rest of the world gets the flu, but we are not immune from the rest of the world economies.
They keep saying that this has to end soon or the consequences will impact the mid-term elections.
I am conflicted on what is the right course of action as Iran is just a bad actor period, no matter your views of Israel.
Personally, I have cut back on traveling as due to the rise in fuel prices, but I am more immune than most.
There is a significant portion of our workforce that lives pay check to pay check and this has to really hurt.
It certainly has not come home to roost in the markets and the S&P 500 has climbed to 7400.
This AI race is pouring gasoline on a fire.
Paul Tudor Jones was interviewed on CNBC last week and he theorized that this move will continue well into 2027.
He stipulated that when it turns, and it will, we will feel much like we did in 2000.
Simply stated, make hay while the sun shines but don’t get fat and lazy.
There is a real reason that Berkshire has compiled so much cash.
You have a chance to have one of the best years for you retirement savings to grow. Just don’t be afraid at some point to take some of it off the table.
This works so well in your retirement accounts as there is no current tax liability. Even if you are paying tax, good for you making good decisions.
Losing money to avoid taxes is seriously stupid.
I only wish I was nearly as smart as Paul Tudor Jones, but I at least listen.
You can’t hardly lose inaskflskfjlkfj the chip or memory sector of the market now as these data centers get put into place.
It is always wise to invest in the component parts.
Let the end game take care of itself as those components will be replaced sooner than later and nothing will get built without them.
On a personal note, we here in the Hill Country have been blessed by an unusual amount of rainfall this year. I refer to myself as Juan the Yardman and he and I will have a serious talk about how much he has not gotten done so far.
My office back yard is about to become a jungle.
My Lab could get lost out there.
With benefits comes responsibility. I could have someone else do the work, but I actually like getting done myself.
At least when something goes wrong, I know it was Juan’s fault.
Behind and the growing season is just getting started.
Blessings from the Big Guy.