10 Comments

I'm 88 and has been at this since 1960 and am amazed how everyone is desperate to be told what to do. Learn the game, study history, be responsible for your own decisions. David and other Gurus can't see the future and their stock advice is only good for a moment as stocks are always fluctuating. investing and trading are different in bull markets and bear markets like today. 10 years of easy money are over. More stocks go down than up and T-Bill rates are at 5.25%, welcome to the 70s and 80s, much different than 2010-2021. A great indicator for now is the SPX earning yield- 6Mo t-bill YLD now at -.95, was at -.37 2/10/ 23. I do not expect the bear mkt to end untill this indicator is positive and the SPX 200 day avg slopes up.

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Yeah,great, support climate pseudo science and trade barriers poorly disguised as "care for environment "

It is sad how even intelligent are usually quickly manipulated to conform to the prevailing narratives....

And then they will be surprised when we will have higher prices and more wars (where trade doesn't cross borders, bullets do).

Support a tax on burning coal and/or tariffs on the leading coal-consuming countries that are also massive exporters (I do)*;

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Thank you Mr. Hay. As always, useful information with a side of knowledgeable commentary.

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Perplexed as to why people are against immigration to solve a worker shortage. Immigrants are usually the ones who are actually working lol. And for lower pay as well. Win-win. Perplexing.

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Not so remarkable if you take into account he is largest contractor of the DOE (all his projects/companies combined)

Musk has many flaws but he has been able to accomplish some truly remarkable feats… including constantly skirting around SEC regulations with but a few wrist-slaps as a result.

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As always, we appreciate your insights, David. Thanks!

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