@herbertong you have been consistently bullish and for good reason. We were trimming our overweight position in January but added back significantly on 3/10 at $241. @elonmusk is the man the market loves to underestimate. That strategy never works. Thanks for shining a light.
I love that a member of Congress called @DOGE “clunky”. This as Congress has presided over omnibus spending bills and annual deficits of $1-2 trillion dollars and a national debt above $36 trillion. Servicing the debt is now an annual expenditure greater than annual defense spending. Study history. Nation states do not survive that ratio. I call that CLUNKY.
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The @BLS_gov revision down by over 800K jobs was bad enough. The delay in releasing the numbers compounded the agency’s credibility . The selective release to three big banks? Remarkable incompetence.
Never know what you will come across on a dawn hike in #Arizona. After ten miles I was happy to stand still for a minute and watch. He was moving like I was feeling. 🤷♀️
You hate @DOGE ? To guide @Tesla to survival @elonmusk suffered angst and impossible hurdles. Yet, he did it and he is bringing that steely eyed determination to the US government. A simple thank you would suffice instead of vitriol.
Help me understand this. Most go to Washington without a fortune and create one there. @elonmusk goes to Washington a billionaire--he earned the money in the private sector--and he is the villain? I studied the Great Books and logic. This is not that.
All you need to know: Germany is paying $26/BTUs for Russian natural gas. Americans are paying a little over $4/BTU. Energy independence is a national security issue.
Russia’s environment is rife with pollution yet we buy their energy. Are buying it now. 1 year ago we were energy independent and our energy production is cleaner than that produced in Russia. We need to return to energy independence and net exporter #nationalsecurity
Hey Twitter/X friends. Executed a perfect face plant on a spectacular Tahoe hike. Happened to land on a granite rock. I’ll be spending a few weeks healing, surgery? Back soon!
This isn’t hard @WhiteHouse45. Open up government land for drilling. Lower energy prices will help Americans and our European Allies and staunch #Putin’s energy haul.
Shoutout to @andrewklavan The Truth and Beauty is a masterpiece. I linger over every word, every turn of a phrase, every declarative statement. This morning: “To be a human being is to be a continual work of art.” I am thankful for your mind @andrewklavan#happythanksgiving
#ADP US companies added the fewest jobs in pandemic recovery in April. Friday’s non-farm payrolls important. Join me on @MorningsMaria on Friday for the report.
I suggested on @business today that policy makers set climate change aside for a few months and unleash the US energy sector to sent a statement to Russia that we can return to the marginal producer role globally.
My partner, @ABLafferJr, and I sat down with @briangbelski to discuss market concentration, why financials are showing strength, and why tech and value stocks remain attractive
Shoutout to my partner @ABLafferJr who said from the beginning tariffs could be deflationary (as they were in Trump 1.0). The Fed got that wrong then and seem to be following the same weary path 🤷♀️. In the meantime the consensus seems to be coming around to @Laftenginvest view.
This is my friend, Susan, who runs a global not-for-profit ministry. We spent the weekend together and talked about our five-year plans. #strongwoman She certainly is one.
Great Word on Wall Street segment on @MorningsMaria with @KRooneyVera and @MikeLeeStrategy and my partner Arthur Laffer, Jr. Spot-on insight re: inflation, earnings and energy!
Great headline from @WSJ “When stock prices fall, antidepressant prescriptions rise.” We have a cure for that at Laffer Tengler Investments! Don’t forget what the great Peter Lynch said “ the real key to making money in stocks is not to get scared out of them.”