Invest Like Warren Buffet
One would think that investors would be emulating their #1 hero. One would be wrong. By Elliott Wave International- Warren Buffett recently acknowledged that he's playing in overtime in this thing we call life. At 93, the acclaimed investor is still very much in the game and making his moves. Our August Elliott Wave Theorist elaborates: We Are in Good Company We have been steadfastly recommending complete safety in the form of Treasury bills, 2-year Floating Rate Notes, a safe bank and gold stored offshore. We have felt quite alone in this opinion. So, we were pleasantly surprised to see this headline, from CNBC on August 7: Warren Buffett now owns more T-bills than the Federal Reserve It's true: Buffett's investment firm, Berkshire Hathaway, owns $235 billion worth of T-bills; the Fed owns $195 billion worth. Of course, most of the Fed's money is in other government-guaranteed debt. Buffett's is mostly in stocks. Still, his current cash holdings are about twice the … [Read More...]
This Trend Will Likely Soon Rock the U.S. Financial System
Nearly everyone who buys groceries, fills their car tank with gas, pays rent, buys car insurance and so on is talking about the high cost of living. And it’s true that consumer price inflation is higher today than before the pandemic – although, it’s nowhere near as high as it was two years ago, when the annual inflation rate spiked to a 40-year peak of 9.1%.
Elliott Wave Analysis of Bitcoin
Today we have an in-depth Elliott Wave analysis of the Bitcoin Chart from Crypto Unplugged.
This excellent analysis looks at several ways to determine a potential top for Bitcoin and where we currently are in the cycle. The First analysis uses channels and Fibonacci Time Pivots.
Is a China-Taiwan Conflict Likely? Watch the Region’s Stock Market Indexes
The likelihood of conflict depends in part on the region’s social mood, as reflected in Asia’s stock market indexes. When social mood is negative, countries are more likely to behave aggressively.
Bob Prechter on the Rich Dad Radio Show
"Are stocks REALLY overvalued?" -- "Are interest rates REALLY going to fall?" -- "Who's going to win the White House in November, Biden or Trump?" -- "What are SAFEST ways to invest right now?" These are the types of questions investors are … [Read More...]
A.I. Revolution and NVDA: Why Tough Going May Be Ahead
"These things could get more intelligent than us" By Elliott Wave International The topic with all the buzz these days is Artificial Intelligence (AI) and its future. The potential benefits include automating repetitive tasks, enhancing … [Read More...]
Update on China’s Big Housing Bust
China's housing bust has been in the news for a while now, so you might be wondering if their "command economy" has solved this problem yet. The mainstream media seems to be willing to give China a "Pass" and ignore the problem but by looking at … [Read More...]
Mini-Manias: Beware Short-Term Trading Frenzies – Like This One
This company reached a market value four times higher than that of GM By Elliott Wave International Most investors know the meaning of a "mania," i.e., the "Tulip Mania" of the 1600s and more recently, the mania surrounding technology stocks in … [Read More...]
