Thursday, January 12, 2023

Exchange Skoda Fabia for this thing


 I want one of these.

Hibernating

 
Cold and rainy outside. I am sleeping all morning. Lack of interest. Probably this is what they call depression. I don't know. Impossible to work. 

Sunday, January 8, 2023

Eternal optimist


 Yes, I think there will be no recession but a big jump in share values. Today I invested in Kenon. This company is building an electricity generation plant in Kfar Saba, a few meters from "the separation wall" from Kalkilia. Based on Israeli gas. I see it when I travel North on route 444. It is an investment in something "real", not a bitcoin that will evaporate as soon as somebody builds a powerful computer. 

Saturday, January 7, 2023

What is all about?

 


New American Writing

 
Bloomberg writes: 

A pattern has persisted in stocks the past year. A downdraft steepens, sellers get the selling out of their systems, and the market is left poised for an often-powerful jump.

What is an often-powerful jump? Maybe the opposite of a seldom-powerful jump?  Are sellers getting the selling out of their systems? That is, formerly the sellers had the selling in their systems?  Is this a pattern?  Sellers getting selling into and out of their systems? Bloomberg is supposed to be the best financial paper in the world. I don't like this new language.


Thursday, January 5, 2023

Uncertain Start of 2023



The Economist says that 2023 will certainly be a bloodbath (in the bourse). Yet it mentions that Goldman Sachs’s researchers think share prices will fall in the near term, but recover by the end of the year. Deutsche Bank’s bullish lot reckons the s&p 500 index of large American firms will end the year 17% higher than it now stands. Another factor is the opening up of China, after three years of closure. They will buy up most of the raw materials and flood the world with cheap manufactures. So what is to be done?

I will ponder the question (the answer) the next week. 

Wednesday, January 4, 2023

Gaetz's Bon Mot

Matt Gaetz (Florida): "If you want to drain the swamp, you cannot put the biggest alligator in charge of the exercise."

Stopping McCarthy is really the biggest political victory that any Republican has gotten since the 2016 election of Donald Trump, and if you exclude elections, it’s the biggest political victory for a Republican in I don’t even know how long.