Question: Since most of the money today flows into the market via passive ETF flows, how does any kind of rotation ever take place? Seems like dominant large stocks can decline, but remain the largest stocks and suck up most of the flows as opposed to switching to other sectors.
Imagine if instead UK removed windfall taxes on the North Sea and provided unlimited debt at 0.5% interest rates to anyone who wants to boost North Sea oil production, and promises they won't windfall tax again.
Imagine how quickly work would start; could've done this weeks ago!
@TommyDeepwater I think “security” and to some extent “independence” will rule a nation‘s investments going forward. - fertilizer, food, energy, metals, weapons.
And for energy it could be across the board - oil, gas, coal, nuclear.
And will be more acute w a longer closing of the straiit
@bariweiss@CBSNews Remarkable to see you doing this. It should have been done years and years ago and should be done across more and more of these social services programs.
@freebirdsteven@AnishP144@SpearfishingCap I’m out of my depth here, but could indensity be a related development? Seems like having a smaller, more portable and configurable form factor would be a bonus for deployments.
I defer to the EOSE braintrust. @bert_gilfoyle
I am never one to fuss about stuff outside people’s control like the weather but I am putting @Delta on notice right now.
My wife hasn’t seen our four young children in three weeks and her return flight home to NYC was canceled. It happens. Instead of offering her a 50% refund on the $800 round trip fare after waiting *4hrs on hold* on the phone, she gets $150 and has to rebook away, because in Delta’s cockamamie math a return leg is only worth 20% of the fare once you flew the outbound leg.
Delta listen to me as I say this sincerely, deeply from the heart - and know that I *never* forget.
You are now in the box indefinitely. Canceling all my upcoming business class abroad across the board - that’s $40k just between now and year end.
I hope it was worth it.
I’m not even sure I have the words…
This is literally one of the NASTIEST moves to score a game winner & win a gold medal that you could ever dream of…
MEGAN KELLER ARE YOU KIDDING?!?! UNBELIEVABLE!!!!! SPEECHLESS!!!
US WINS GOLD!!!!!!! 🇺🇸🦅🥇