Posted by DigiNomad on 25th of Apr 2024 at 04:29 pm
It never made sense to be down on hot inflation numbers and weak
but not too weak GDP data. It's basically mega cap market nirvana -
not to mention Meta also had great earnings. Are we in
stagflation? Yeah, probably, but everyone is stuck buying the
products and services of the mega caps. They have pricing power and
will crush quarter after quarter (I don't count TSLA in the group
anymore, even though I'm long).
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It never made sense to
From SPX down 1.6% today to AH being up almost ...
Posted by DigiNomad on 25th of Apr 2024 at 04:29 pm
It never made sense to be down on hot inflation numbers and weak but not too weak GDP data. It's basically mega cap market nirvana - not to mention Meta also had great earnings. Are we in stagflation? Yeah, probably, but everyone is stuck buying the products and services of the mega caps. They have pricing power and will crush quarter after quarter (I don't count TSLA in the group anymore, even though I'm long).