The Nasdaq added to its prior weekly gains on Thursday. The tech-heavy index has now recovered about half of its recent decline. The move comes as Washington approved a $1.9 trillion stimulus plan, and as 10-year bond rates came down slightly from their recent spike higher.
Market drops aren’t unusual, and neither is a recovery. The question is where stocks will go from here. If history is any guide, this recent sell off will simply look like one of the market’s more random fluctuations, although prices may bounce around until the market finds a reason to definitively move higher.
“Sometimes when you innovate, you make mistakes. It is best to admit them quickly, and get on with improving your other innovations.” –Steve Jobs
Are tech stocks heading back up? About to drop again? Or are they now in a sideways trend?
Hit reply and share!
Now here’s the rest of the news:
Does the Fed’s Monetary Policy Threaten Inflation? (Contains Spoilers) –John H. Cochrane
If one reads Fed statements through conventional glasses, monetary policy seems to have been reset to the 1960s, and we know how that worked out… [Read Here]
March 12, 2020
I was perusing Facebook Last night and came across an ad for up to $30 off a one-day ticket to Universal Studios Hollywood.
Makes you wonder if they’re trying to draw in locals, but the reality of theme parks offering discounts certainly makes you think. Could Disneyland start discounting, heaven forbid that should happen. With more an more people holding up in their bunkers, it makes me want to have my mouse ears at the ready for a discount.
“Being human is not about feeling happy, it’s about feeling everything.” —Glennon Doyle
March 12, 2019
Tomorrow I begin my second 14-Day-Challenge. I’ll share this letter written by Julia Gentry which explains my why better than anyone else could…
Why Do We Need Entrepreneurs?
We are living in a world with 1.5 million people without jobs… why? Because we are lacking the education, the training, and the mojo to get out there and actually create jobs instead of demand-ing them. We are taught to go to school, get a degree, and then someone, somewhere will take care of you by providing you a job, with insurance, and health beneﬁits. We live in a world of entitlement. We think that because we have gone to school, headed off to college, received multiple degrees, graduating at the top of our class that it should then grant us the reward of employment. I hate to break it to you but that is not always the case. Take a look around. Things are changing.
Am I frowning upon the educational system? No, absolutely not. What I am frowning upon is the sense of entitlement that we have developed. I think it is drowning the human spirit. I think it is keeping us from uncovering what we are really capable of and I think it is stiﬂing the extraordinary things that are possible if we would only step out and make something happen.
Entrepreneurialism makes something happen. It takes nothing and turns it into something. It takes what used to work and makes it work again by being innovative and creative. Entrepreneurialism is something big. It is not a selﬁsh thing, such as our world’s common sense of entitlement. It is solving a problem bigger then one’s self.
Example, if an entrepreneur creates a business that is successful, it will not only satisfy the needs of the consumers who will continue to buy, but it will also add more and more jobs, creating a demand for employees. With greater demand for goods and services, the greater the demand for employees. Google was just two employees about 15 years ago, now it is many thousands of employees in a new industry that did not exist 15 years ago. It was created by entrepreneurs.
We cannot get out of this debacle that we are in as an economy by doing what we have always done. We have got to change things up a bit and we have got to put a new way of living into action. Our world needs leadership. It needs innovation, creativity, commitment, and longevity. Our world needs to be lead by a group of people that understand how to take themselves from the inside out and the outside in, to establish themselves as “power houses” that are going to rebuild our communities, our nation, and our world one person at a time simply by knowing how to leverage their abilities.
This is seen in the lives of entrepreneurs.
And our world needs more entrepreneurs. Our future depends upon it. 😉
March 12, 2018
If you fight for your excuses … I will let you keep them!
Because an unstoppable vision will motivate me to produce, and help those who choose similar aspirations to fulfill needs that are sadly not being addressed; I will never settle for less that possible, nor encourages others to see-the-glass-half-full. As the glass takes on more liquid … the glass containing this liquid also enlarges! To have more does not requires others to accept less. No!
Gathering the ingredients to make more pies, or otherwise, build additional value, is not winner-take-all. For one to benefit does not diminish or devalue the merits of another. The net sum therefore is forever bountiful and bright.
There will be no dangling of the meager carrot, producing false hope and expectation, only to lessen the end result and weaken the body, the mind, and for the ‘ever global’ family beyond our fingertips; the very bases and spirits of the world truly at the door. In offering my leadership, [not wishing to dictate … push … or even pull] – I understand there is a time for listening … here too, decisions once made … must be followed by action … and that action will lead to additional experiences, further wisdom, a success.
I’m reminded consistently, of learning moments and success. The only failure is in the next breath we take, or heart beat, not being there!!!
Life is, and in itself, a miracle — not to be take for granted, but in gratitude, used daily … not stored away for safekeeping — to be taken out-for-show once or twice a year for special “best china” occasions.