$6bn, It's that simple! | The Daily Peel | 11/2/21

银香蕉goes to...

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Market Snapshot

Traders really seem to like all time highs, and they're sure getting what they want. Markets continued to march upward yesterday, as theNasdaq领导0.63%,Dowgained0.26%,S&P玫瑰0.18%.

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Macro Monkey Says

Stabilizing Stablecoins- 您可能不会猜到这一点,但是78岁乔伊B总统完全加密的家伙. Just kidding, nothing could be further from the truth, but his administration did send a report to Congress basically saying "can you guys f*cking do something about stablecoins already?"

拜登几乎可以肯定与报告的实际起草无关,他指出,华盛顿的老年医学家指出,stablecoin监管将是一个好主意,对日常公民带来了可能的切实好处。拜登要求使用“急需”之类的短语,并推荐了一些立法,例如,只允许租用银行发行硬币。该报告的其他内容基本上围绕法规所增加的收益,例如创建更高效​​,有效的付款方式。

Re-tired of this sh*t- As if the Fed's goal of maximum employment wasn't hard enough, boomers are adding even more trouble by dipping out of the workforce like kids at a party when the cops show up.

现在,我们可能会遇到更严重的问题,但是随着中央银行在未来几个月内审议政策决策,Boomers因大量原因而退休,只会增加一层复杂性。根据达拉斯美联储的说法employment-to-population rate has dropped 3.2%, or about 8.5mm workers. Of that, 1%, or about 2.6mm individuals, have entered retirement. These oversized retirement numbers add opacity to the question of what maximum employment really is. Fed officials postulate that most of the retirees fall into two camps: wealthy boomers who's assets have skyrocketed and allowed for early retirement or low-income earning boomers facing risks of working with the public during a pandemic.

那么,这些退休大多数是临时还是永久性?这种动态如何改变充分就业的定义?为什么我的投资组合这样做 - 对不起,请稍作介绍一秒钟。无论如何,看到这种劳动力动态效果如何提出政策决策将很有趣,因此,如果jpow很快对此受到质疑,请不要感到惊讶。

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What's Ripe

Novavax ($NVAX)- 好吧,这是该死的时间。疫苗制造商Novavax,弹出15.9%昨天,终于完整的gr的第一部分een light to start chipping in on destroying this whole Covid thing. Really, all they did was show trial data to health regulators in India and the Philippines, while starting the same process with Canada and Europe. But it gets better - in addition to the embarrassingly long time it took to make one, the name is just as embarrassing, being branded under the title 'Covovax". Real creative.

Tesla ($TSLA)- If you weren't already certain that Elon and Tesla can't be stopped, well you better be now. Shares continued to rip yesterday, gaining8.5%在吉姆·克莱默(Jim Cramer)所说的那样,“一无所有。”看起来只不过是技术人员和抽水正在携带股票,但是作为附带说明,埃隆确实发送了一些坏蛋推文。享受。

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What's Rotten

Alphabet ($GOOG)- 虽然季度收入为650亿美元是可笑的,但显然对于Google投资者来说还不够。股票下跌3.1%在上周增长7%后开始一周。然而,昨天没有很多新闻,导致分析师将其归功于上周的收益,这给公司提供了太多的股份。微软,苹果和亚马逊加入了该党,损失较少,但仍丢弃了他们的数万亿美元估值。

Zillow ($Z)- Who would've guessed that a leading residential real estate player would lose6.3%在最近记忆中最大的住房市场繁荣之一的一天中?不是我,但是尽管如此,Zillow仍被摧毁。似乎他们正在尝试运行自己的2007年住房泡沫的微观版本。仅购买尽可能多的房屋,完全不考虑成本。现在,该公司正在寻求出售其中7,000家不负责任的购买,其中2/3目前的售价低于购买价格。做得好,Zillow。

思想香蕉:

芒格音乐厅- Billionaire investor, philanthropist, and close confidant of Warren Buffet - add to that list architect, because Charlie Munger has a bold project underway at the University of California, Santa Barbara. Recently,Munger made a $200mm donation to the university which will partially fund the development of the new residence building, Munger Hall. Only problem is, Munger's design sucks. No other way to say it, the building plans are completely terrible, so bad in fact that the lead architect on the project was driven to resign. The 11-story dorm building with over 4,500 bedrooms will be finished around 2025, and it's at this time that, if Munger's plan is kept,94% of the building's residents will not have windows in their room. Completely unfazed by the criticism, the 97-year old stated "I'd rather be a billionaire and not be loved by everybody than not have any money."

Interesting vibe from Charlie, but the man old enough to be many of your grandparents grandparent sees the lack of windows as a benefit because it will incentivize student interactions in common spaces. So basically, the guy wants to make the rooms suck so bad no one wants to be in them. Genius.

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明智的投资者说

"The first thing I heard when I got in the business - not from my mentor - was, 'Bulls make money, bears make money, and pigs get slaughtered.' I'm here to tell you I was a pig. And I strongly believe the only way to make long-term returns in our business that are superior is by being a pig."-Stanley Druckenmiller

Happy Investing,

Patrick & The Daily Peel Team

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