Sunday, November 13, 2016

Sunday Randomosity

  • A prayer for those in New Zealand.  A 7.8 magnitude earthquake struck central New Zealand just after midnight, causing widespread damage and generating a tsunami.
  • 20,000 people evacuated from the coastline. 
  • For the week, the Dow rose 5.4%, S&P 500 and Nasdaq up 3.8%.
  • Which are better, growth stocks or value stocks?
  • I’m bullish on the market into the new year.  Won’t be a straight line up.  I think if Trump is successful with cutting taxes and regulations, and allows companies to repatriate overseas cash, GDP could accelerate. 
  • I think SNL missed an opportunity to do what they do best: Be funny. Just dog piling on Trump voters as a bunch of idiotic, uneducated racists is tiring.
  • Watching football? Marching in a protest? What say you?
  • If GDP accelerates, so will inflation and interest rates. Guessing down the road that could be a negative for housing affordability.  And remember that we also have to refinance $20T in national debt at the going rate as short term bonds expire.  Our debt will increase.
  • Started your Christmas shopping yet? You think the Amazon Echo will be a hot item?
  • Donald Trump says sections of wall he pledged would be built on border with Mexico could be fencing in certain areas .  Maybe just some signs “Keep off our lawn.”  Or some Les Nessman tape instead of walls.
  • Trump plans for immediate transfer of management, business portfolio to his kids.
  • I’m long the market.  Diversified.  Dollar cost averaging in.  Status quo for now.

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