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Jeffrey Soucie
@Jeffsoucie
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Joined March 2010
@Crowded_Mkt_Rpt Inflation bullish, higher rates bearish. But what I'm hearing about gold reserves potentially being smaller than the paper written on it sounds very bullish if true.
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@Crowded_Mkt_Rpt The funny thing about TSLA is how it was funded by government green credits. But now GM and Ford don't have the same incentive to buy them as they used to. And now their hoping to sell robots at a time when few could afford them.
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@DougAMacgregor With China using Fentanyl warfare against America, would it be better to make Fentanyl free so there is no profit in it? Or would tariffs really encourage Canadian government to make stopping it through force a priority?
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@Crowded_Mkt_Rpt I think we haven't seen the top yet. Is there euphoria? Yes. Will we get a big dip this year? The fed rate makes me think so. There is around 32 trillion dollars in home equity in the US. Once they burn through that we will get a top to remember. And a bottom to for the ages.
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@IUTraders @Crowded_Mkt_Rpt Psychology, Discipline, and Risk Management. This interview is a great reminder to track my techniques diligently. Otherwise, I risk falling into the trap of wanting the market to do something rather than letting it do what it does.
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@Crowded_Mkt_Rpt Coffee producers sell coffee futures to lock in a price for future sales. If market prices drop, they profit from their futures contract, offsetting the loss from selling at lower prices in the physical market.
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@Crowded_Mkt_Rpt Insurance failures? China is having issues insuring EV's. Many companies are raising rates higher than expected due to unexpected battery replacement costs. Could America face similar situations where insuring EV's become unexpectedly expensive?
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@ylecun Why are intelligent people comparing inanimate concepts to animate ones? A turbojet and AI is like trying to compare a rock and a human. Sure, both can be weaponized. But if AI can self replicate and develop its own agency, it will. Someone somewhere will enable it.
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