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Re: fung_derf post# 190

Wednesday, 02/14/2024 11:25:45 AM

Wednesday, February 14, 2024 11:25:45 AM

Post# of 229
Derf, Btw, looks like SMCI is likely heading for the 1000 level, which is where I'll probably take some profits. It's a miniscule position, but nice to see it zooming. But the 'Ai mania' may indicate the market is getting over-frothy.

Fwiw, I'm figuring the stock and bond markets could have a tailwind over the next several years, thanks to falling % rates, lower inflation, and a resilient economy. But also lots of landmines out there -- geopolitical, war, election angst, regional bank problems, etc. 30% is about all I'm willing to risk on the stock allocation side, and will 'hope for the best'.

On the positive side (for the US / West), it looks like BRICS expansion has been blunted, with Argentina deciding to not join BRICS, and Saudi Arabia also putting its BRICS plans on hold. So a reprieve for the US and the Petrodollar system, at least for now.


The BRICS Juggernaut -

https://investorshub.advfn.com/The-BRICS-Juggernaut-30100



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