Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 58.12

+4.9%

Jan 15 4:00 PM EST

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To: Lazarus who wrote (189476)	5/2/2023 9:10:54 PM
From: robert b furman	Read Replies (1) of 207832

Hi Laz, About time money gets a return. Free money has brought forward a lot of Capex. Now to slow down government largesse and watch/wait for a lot of unwinding. A lot of folks have forgotten that at these new rates, in a historical perspective, it usually meant good times will continue. Takes us old fogies to remember that. Historically if we get a Fed pause, without a recession, demand for crude did a triple from 50 to 147. in 2007 to July of 2008. Not saying it is a sure thing but in the last 2 pauses that did not result in a recession demand for crude flew off the handle. Electrification is slow and will help, but it always takes longer. Wishing you and family good health and prosperity. Good to hear from you! Sell all equities and go to treasuries. My gosh, what would we do with out minds. LOL Bob

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