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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (15173)1/17/2023 8:57:56 PM
From: Kirk ©  Respond to of 26800
 
Are you sure?
As the boomers retire, we lower our consumption.

How many cars did you restore while working? Did you have time to do all the projects in WI when you were working such as the school house converted to a car shop / showroom?

Many I know take the time to remodel their homes to enjoy before they are too old to have a large home with a nice plot of land.... I may be one of those...

Some of my friends with government jobs (ie pensions that they could retire on long ago) post a ton of travel and eating out photos while they are still in their young 50s to 70s. If they don't have kids that need help, or never had kids... they seem to have tons of money to burn. Of course, we might hang with a healthy, fit crowd while the majority are barely mobile... hard to say.

Have you given much thought to who will take care of you and Jan when the time comes?



To: robert b furman who wrote (15173)1/22/2023 10:47:30 AM
From: Kirk ©  Respond to of 26800
 
The Crissy Field wingers are sure getting good!




To: robert b furman who wrote (15173)1/24/2023 1:54:03 PM
From: Kirk ©1 Recommendation

Recommended By
Sr K

  Read Replies (1) | Respond to of 26800
 
Good commentary today from a Louis Navellier email.

Davos is Losing Any Economic Relevance

Hello Kirk,

The global elite gathered once again at the World Economic Forum (WEF) in Davos, Switzerland last week, January 16-20. At many past WEFs, ESG investment policies were often advocated. Now that worldwide fossil fuel usage is soaring, and China, India, and Germany are burning more coal, it will be interesting to see how ESG will be redefined, and how the WEF will explain away their ESG advocacy.

One source of tension at this year’s WEF was reported by CNBC – apparently, over 200 millionaires were urging the billionaires among them to “tackle the extreme wealth gap” and “tax the ultra-rich” to help relieve the cost of living for ordinary households. Ironically, the reason that many British households and other households throughout Europe are struggling with high electricity bills is directly attributable to the ESG and green energy initiatives that were pushed at previous World Economic Forums! Clearly, this 52-year-old elite Forum is disintegrating into a “blame game,” where they are looking for scapegoats!

This year’s WEF also pushed global trade, but the U.S. Inflation Protection Act implemented a lot of domestic incentives for electric vehicle (EV) manufacturing that annoyed our allies, especially in Europe. Due to these conflicts, and the lack of top-level U.S. leaders in Davos, this WEF was a bit of a bust.