Thoughts about financial markets, people, countries

McCarty seems unable to fight with about 20 fellow republicans – How is he supposed to fight more than 200 democrats???

The most consequential question for the 2023 is what asset class will perform best, or, more focused one: which one will win – Equities or Bonds? For Bonds to do better you need a FED pivot, that might only come as a result of recession setting in. That should favor the Bonds? Or?

In 2022 TESLA decisively lost to EXXON and CHEVRON… Tesla lost 65%, while energy segment of S&P 500 gained 59%.

What 2023 would bring to the table?

Whatever happens when the music stops for TESLA shareholders – ELON MUSK has reserved a seat by selling almost 40 billion USD worth of shares…

The 30 trillion check picked by the markets in 2022 – was it the cost of monetary easing and fiscal spending or was it a cost of inflation fight tightening??? Chicken or Egg question…

We were in technical recession in 2022, but were we in recession? We were in a “bear” market in bonds and equities, but are we now? There were 14 bear markets in the last 50 years and only 11 recessions… in 2023 we might have a recession, but not bear markets for bonds and equities!

It looks like markets worry about inflation much less than they worry about FED rates… May be markets know better?