the stock market is funny because the largest global supply chain shock since a deadly worldwide pandemic is worth -0.2% but a single blog post speculating about a new technology can stone cold stunner SaaS companies -50%.
I guess it’s inevitable that we will see a rise in “the Dollar is collapsing” takes on this platform.
Yep, it sure is. It’s back to trading at levels we saw in the 2020s, the 2010s, the 2000s, the 1990s, the 1980s, the 1970s…
Why was the stock market up so much in the 2010s?
Why is it up so much in the 2020s?
Two words - earnings growth
It was 10.6% per year in the 2010s
It's 9% per year this decade
https://t.co/2dzg6a76lZ
All the best things in life quietly compound.
Love
Relationships
Knowledge
Money
You don’t see love compounding, it happens with each hug and kiss. Money is the same, just let it happen over time.
https://t.co/OA4cwHbg9O
Pat Riley’s career is genuinely remarkable.
• Played three years at Kentucky — Won SEC POTY and NCAA All-Tourney
• Went pick 7 to the San Diego Rockets
• Had a 10 year NBA career and won a title
• Lakers assistant for two years, won a title
• Got the Lakers HC job five years later, won 4 titles
• Coached the Knicks for five years, won COTY
• Left to become President and HC of the Heat
• Stepped down from coaching after 2003, but coached again from 2005-2008… won a ring in ‘06
• Is still the President of the Heat and has won two more titles as solely an executive
- Riley has his No. 42 retired by Kentucky
- 9-time Champion
- Has appeared in 25% of all NBA finals
GREATNESS 🐐
I could not have done it without the support of my team, family and friends. Thank you to the @PGAChampionship and the fans of Louisville, Kentucky. I will never forget my first Major Victory! 🥃🏇
The @PGAChampionship, which starts today at Valhalla Golf Club in Louisville, Kentucky, features an all-professional field. At this Major, players must summon all their skill and experience to claim the winner’s Wanamaker Trophy. More https://t.co/Xf7P1qylwO #PGAChamp#Perpetual
Last week we were proud to host our 15th annual #BairdGivesBackWeek. We believe giving back isn’t just the right thing to do – it’s at the core of what it means to call a community home. Cheers to the next 15 and beyond!
Here's how all this works on Fintwit:
Post a good piece of data / say things "seem ok"
response: yea but its all govt debt driven
Talk about inflation cooling
response: yea but its still high
Talk about earnings
response: yea but its only a few stocks
Say stocks are at a new ATH
response: yea but only a few people own stocks
Say the housing market is strong
response: yea but a ton of people can't afford a home
7⃣3⃣0⃣4⃣
For the second time in two days, #BBN packed KPP and broke the program single-game attendance record! Thank you for all the support and we'll see you again tomorrow!
#WeAreUK
How much life insurance you need depends on several factors. Let Baird help you sort through the key questions, so you can provide for your family’s future in a prudent, sensible way. https://t.co/gI5KLcwaLt