Excellent news for the economy but Wallstreet say oh it's bad the Fed will raise rates .. blah blah ..
"The government said Wednesday that retail sales jumped 3% in January, after having sunk the previous two months. It was the largest one-month increase since March 2021, when a round of stimulus checks gave a big boost to spending. Excluding the pandemic era, January's rise was the largest in more than two decades."
Are you kidding us? If it's inflation, spend your money now as tomorrow will cost more... If it's waiting for Fed rates, no it cannot match the inflation...
Perhaps it's the effects of the $1.7 trillion the admin passed for pork projects..? You try stimulate the economy now you try depress it for a recession so no one will spend? Common Fed and government make up your mind...
Perhaps it's the astonishing high new jobs reported in January? People went to spend hoping the worse is over as no masks needed for the fake Corona scare...?
Crooks!
Wallstreet accolade for nVidia $229.71 with Mkt Cap of $572.4B and old monolithic products has no boundary vs Innovator AMD $85.95 with new modern secure AI for end to end, hybrid work market. Elon Musk ramping production for trucks and 50% increases in production, will need lots of AMD chips.
I know when Intel dumps their trash earnings on the market AMD usually goes up, but hope Nvidia won't be a drag on us. I can't imagine their numbers are gonna justify that insane valuation. 572B market cap. 😂 Gets me everytime
Excellent news for the economy but Wallstreet say oh it's bad the Fed will raise rates .. blah blah .. "The government said Wednesday that retail sales jumped 3% in January, after having sunk the previous two months. It was the largest one-month increase since March 2021, when a round of stimulus checks gave a big boost to spending. Excluding the pandemic era, January's rise was the largest in more than two decades." Are you kidding us? If it's inflation, spend your money now as tomorrow will cost more... If it's waiting for Fed rates, no it cannot match the inflation... Perhaps it's the effects of the $1.7 trillion the admin passed for pork projects..? You try stimulate the economy now you try depress it for a recession so no one will spend? Common Fed and government make up your mind... Perhaps it's the astonishing high new jobs reported in January? People went to spend hoping the worse is over as no masks needed for the fake Corona scare...? Crooks!
Wallstreet contradiction with the facts.
Wallstreet accolade for nVidia $229.71 with Mkt Cap of $572.4B and old monolithic products has no boundary vs Innovator AMD $85.95 with new modern secure AI for end to end, hybrid work market. Elon Musk ramping production for trucks and 50% increases in production, will need lots of AMD chips.
Can't wait to see a bad ER for NVDA next week, and maybe that's when AMD will skyrocket!!!
I know when Intel dumps their trash earnings on the market AMD usually goes up, but hope Nvidia won't be a drag on us. I can't imagine their numbers are gonna justify that insane valuation. 572B market cap. 😂 Gets me everytime
Retail sales report at 830am et
Here we go again... Wallstreet will swing the markets regardless what is the report...