Wednesday, May 31, 2023

Recession



My favorite shares have collapsed: ZIM, the Israel Company, ICI the Potash business. I just got a phone call from the Bank that they had retired their recommendation on NVidia. Dalio says it is cyclical and will rise again. I shall wait out the recession. Musk and the economic papers say that America does have not enough PhDs in the computing fields. It cannot compete with China. I should not worry about them. 

A Good War would re-stimulate the economy. 


No comments:

Post a Comment