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Non-Tech : Kirk's Market Thoughts
COHR 154.52-3.0%3:59 PM EST

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To: robert b furman who wrote (4064)5/24/2016 6:55:00 PM
From: Kirk ©  Read Replies (1) of 26438
 
LOL... advice worth every penny!

I wouldn't know what a 4 wave was if it broke on my head at Mavericks. You know, for me, ewave is worthless for predicting the future as people really don't know what it was until after it happened and even then, half can't seem to agree.

The way I look at it, what you call what happens doesn't matter because with $19T in debt on the books and now I'm reading debt proponents (you know, those who want the government to build new infrastructure everywhere and give health care and Social Security to everyone they promised) say our national debt to total net worth is still tiny since you can sell naming rights to Half Dome and put a real value on all the National real estate....

So... do people pay $5 for a cup of coffee with some hot chocolate in the mid west? It was $10 with tip to have two mocha's a few days ago at Peet's.... and a gal I mentor took me for a mocha and croissant at some trendy place bakery restaurant in Los Altos with a French chef trained in Japan ... $20 for two coffees and two croissants.... it guess it was organic butter they sing to while cooking each morning. Oh, some will say it wasn't what we bought but the "experience" of fine dining for an affordable snack...

No matter what you call it, they are finding all sorts of ways to charge us more for less... inflation. They can't "officially" raise taxes so they will inflate the crap out of everything with taxes and higher minimum wages and whatever fees they can add to pay for everything without having to pay savers a fair return.

People will need chips in their hands or phones or keycards to pay for and order stuff... so AMAT and others will have some pricing power and can continue to pay dividends... far more valuable than gov. bonds... but I'll raise cash in the short term to buy the dips that come out of nowhere. If no dips come and we blast to the moon, then I'll buy more $20 snacks and chuckle....
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