[LeRoySmith]

Can anyone recall a similar monetary and political situation in our lives? The stuff going on currently is certainly uncharted, if the waste is real and can be stopped I'd expect another big jump in the market v over the next 6-9 months. I'm staying put but also hording up 3 or 400k in cash so I can buy when it corrects.

[Boomer]

Originally Posted by LeRoySmith

Can anyone recall a similar monetary and political situation in our lives? The stuff going on currently is certainly uncharted, if the waste is real and can be stopped I'd expect another big jump in the market v over the next 6-9 months. I'm staying put but also hording up 3 or 400k in cash so I can buy when it corrects.

To answer your question, of course, nobody can recall a similar monetary situation in our lives. There is nothing thoughtfully surgical about the cuts. It's random hacking and slashing.

Hoarded cash? Where? I just read an article that I found chilling. Sounds like the FDIC is under siege. Then what? Nowhere to run. Nowhere to hide.

Boomer

[manaboutown]

Well, I am waiting to see if all of the gold supposed to be stored in Ft. Knox is actually physically there. If it is I will continue to sleep well. Meanwhile I am not keeping all my eggs in one basket and my current source of them secret.

[LeRoySmith]

Originally Posted by Boomer

To answer your question, of course, nobody can recall a similar monetary situation in our lives. There is nothing thoughtfully surgical about the cuts. It's random hacking and slashing.

Hoarded cash? Where? I just read an article that I found chilling. Sounds like the FDIC is under siege. Then what? Nowhere to run. Nowhere to hide.

Boomer

Vanguard cash Plus account. I'm not concerned about the random slashing and hacking, in fact I think it needs done.

[Stu from NYC]

Originally Posted by LeRoySmith

Vanguard cash Plus account. I'm not concerned about the random slashing and hacking, in fact I think it needs done.

To much waste needed to be more efficient

[MorTech]

They broadcast in their media "Inflation came in lower than expected" and that's the trigger phrase that tells you they want you to buy. They usually do this on a Friday after a week of down days.

[dewilson58]

Originally Posted by LeRoySmith

Vanguard cash Plus account. I'm not concerned about the random slashing and hacking, in fact I think it needs done.

Done all the time in the private sector, well past due for government.

[MplsPete]

Originally Posted by CoachKandSportsguy

So just a warning about the frothiness of the current market at ATHs.

Just a seasonality warning:
https://x.com/WayneWhaley1136/status...18664772182070

A NEGATIVE FIRST THREE WEEKS OF FEBRUARY

The "First 3 Weeks of February" were down 0.45%. Since 1950, if the First 3 Weeks of February were negative, the following year (Feb21-Feb21) was a very normal 21-12 for an avg gain of 6.21%. But there is an interesting story behind those statistics.

In search of Bear Market Warning signals, I once requested of my computer that he scan every time span in search of those that had a statistically significant track record of forecasting a double digit down following year. It provided me with a handful worth following, one of which was the occurrence of a "Negative First 3 Weeks of February".

I looked at this long and hard (I love an oracle.) I agree about frothiness and the danger of ATH investing, and PE ratios are worrisome, etc.
But the first 3 weeks of Feb down 0.45%? The charts I looked at suggested that the first 3 weeks SP500 were up slightly, if anything. Thereafter, the fall. Just saying.

[manaboutown]

We are living in interesting times. I am mostly just rolling over T-bills and biding my time.

[LeRoySmith]

I think today is a good time to buy a little Tesla, it's in sale 40% off.

[justjim]

I’m in favor of wasteful cuts but random slashing makes no sense.

[ithos]

Looks like Apple really is falling behind in AI.

Bloomberg’s Mark Gurman reports that some in Apple’s AI division fear the features might need a complete overhaul or could even be abandoned. He also suggests that a fully modernized, conversational Siri might not arrive until iOS 20 at the earliest.
Attention Required! | Cloudflare

[JP]

Originally Posted by LeRoySmith

I think today is a good time to buy a little Tesla, it's in sale 40% off.

My sons girlfriend just bought one and loves it. Wouldn't work for me do to limited range and limited chargers but for her life its perfect.

[Caymus]

Originally Posted by manaboutown

We are living in interesting times. I am mostly just rolling over T-bills and biding my time.

I also have a large percentage in T-bills. At this stage of my life, I trade individual stocks as entertainment.

[kingofbeer]

Originally Posted by ithos

Looks like will finally find out if tariffs are as evil as we were taught in school growing up right before most of factories and steel mills were shut down.

The Day the U.S. TV Industry Died - IEEE Spectrum.

The companies shut them down because they where no longer profitable. End of story.