It was a very pleasant trip driving from Toronto to Boston on Eisenhower Interstate 90 on Friday morning. For someone who checks the markets diligently before investing, ideas may come from real life experiences such as shopping or travelling.
That said, buying Caterpillar and/or Wall-Mart at the moment, or after the markets pull back, may constitute a profitable investment for the future. Eisenhower Interstate 90 was full of CAT bulldozers (doing maintenance and improvement work to the highway) and Wall-Mart trucks (hauling merchandise for the masses).
What Stagflation?
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The Misery Index — the combination of Inflation and unemployment —
failed as a bearish criticism of the economy. Unemployment remains at
60-year lows...
2 hours ago
Yes! Nothing works better than the power of your own observations.
ReplyDeleteAs per Avner Mandelman's book:
The Sleuth Investor.