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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (71787)12/22/2022 8:36:53 AM
From: Madharry   of 78705
 
FWIW. I admire your patience. of the ones you mention i own para cndt, cio all at higher levels. for about two years now i have done some of my produce shopping at a local .99 store. they get produce in daily and it sells out quickly because of the reasonable pricing. Any one have any comments on micron's report and announcement they were laying off 10% of their workforce? Yet another macro strategist predicting a global recession and new lows for the stock market. Her rationale being that forward pe ratios are too high for a recession and that earning estimates are not taking into account a recession. It seems to me that the stock market pe ratios are very much skewed by the fang stocks . Right now I think the highest pe stock that I own except for the media companies is googl. Most everything else is in the 10x range, which I will have to live with. I am more concerned with reports out of china about increasing hospitalizations taxing china health care system. are they now reconciled to massive deaths in order to develop some immunity? In the interim China looks like it has become a breeding ground for new variations that existing vaccines may not be real effective against. for that reason I would not be rushing in the buy airlines or vacation stocks other than cwh.
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