Musings of the Day, 1/4/23:
To erroneously paraphrase Mark Twain, "History may not repeat, but it sure as fuck rhymes."
$TSLA / $TWTR
To erroneously paraphrase Mark Twain, "History may not repeat, but it sure as fuck rhymes."
$TSLA / $TWTR
Big difference here is that at least $TWX was a real business with real CASHFLOWS that wound up being Steve Case's life-preserver. Here, there ultimately was an exchange of Funny Money A for Funny Money B. (Yes, $TSLA didn't acquire $TWTR, but $TSLA stock was sold to do so.)
Every asset, from Equities to Gold to Oil to Bonds, is screaming DEFLATION right now.
I believe there is a RUG-PULL in the offing when the world realizes it's a STAGFLATION, but the one consistent loser in both situations is that Equities will keep sucking.
I believe there is a RUG-PULL in the offing when the world realizes it's a STAGFLATION, but the one consistent loser in both situations is that Equities will keep sucking.
Is that bad? H/T DB.
Great chartpack from @CameronDawson. Love the headlines too! π€
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