Have any of you stock people read the book, "The Invisible Crash?" To summarize: it talks about stocks going up in nominal pricing but losing value at the same time. It's an older book but very good.
If you look at the stock market making all time highs recently, its peak was actually in the year 2000 in true value. It may be much higher now nominally but has lost value in comparison to other things over the past 25 years.
Here comes the first of the July 9th tariff deadline letters. 25% for Japan and South Korea. There's supposed to be a dozen letters today with most coming tomorrow and Wednesday.
Remember though, they go into effect August 1st, so that's the new actual deadline.
Relatable. I think that's human nature. They say the first involuntary thought a soldier has when he sees his comrade get killed in front of him is, "Glad it wasn't me." This made me think of that.
Here comes the first of the July 9th tariff deadline letters. 25% for Japan and South Korea. There's supposed to be a dozen letters today with most coming tomorrow and Wednesday.
Remember though, they go into effect August 1st, so that's the new actual deadline.