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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (153033)2/6/2020 2:16:21 AM
From: carranza2  Read Replies (2) | Respond to of 218163
 
Wonderful photo.

Cherish your kids, life is dangerous.

Our son is an intern/fellow at a Senate Committee in DC. A couple of weekends ago, he was in a Lyft with a girl going somewhere or other when it was struck by a Secret Service vehicle. Severe collision. Lyft driver had very serious injuries, had to be taken to a major trauma unit, young woman (very accomplished) had a severe concussion as did the driver of the Secret Service vehicle.

Son had a fractured elbow, no concussion. Had surgery at Johns Hopkins-affiliated hospital, all state of the art, terrific surgeon, etc., iow all first class treatment. He’ll recover full mobility. I’ve been in DC for past few days dealing with this, taking care of him, etc.

Life is fragile. And so damned random.

Children don’t panic, parents do, e.g., if you can imagine a phone call like this on an otherwise uneventful Sunday morning: “This is so-and-so of the Secret Service. This is about your son.” Immediate panic.

Make every moment count with them.

A long time ago, I set up a retirement account for him thinking of course that the time to save for old age is now. Bought growth stuff in there as well as FNV. One of the companies I bought in the 200s was Tesla, didn’t know much about company but did think electric cars could be disruptive. Look at it now, almost reached 1,000 in some of wildest trading I’ve seen since QCOM went crazy.

Is the fossil fuel era ending? Is this the future staring at us? Thoughts?



To: TobagoJack who wrote (153033)2/6/2020 1:31:20 PM
From: Haim R. Branisteanu1 Recommendation

Recommended By
Snowshoe

  Read Replies (1) | Respond to of 218163
 
We arrived at a steady high plateau in stock valuations and debt owned, the complacency is wide spread and the tea leaves readers see clear skies ahead, nothing to worry about. Even the Golden one was found not guilty of any wrongdoing, including paying hush money for ... Oh well minor misbehavior as a married man.

"Black-swans" nowhere to find.

The only little problem is that the Energy companies will need to write off a unnoticeable “stranded assets” worth close to 1,000,000,000,000 or 1 trillion more or less according to FT.

Wonder what will happen then when the reality will sink in, population growth will slow down and with it GDP growth with the immense debt hanging over everyone head, housing prices slowly sliding (down 25% in NYC Y on Y) ..... and the world praying for a miracle for winter snow to come as usual in the usual places with no more pyrocumulus due to wild fires.