ron insana @rinsana
I am a contributor to CNBC, CEO if https://t.co/8eDhc63fnK, a public speaker and observer of all things economy and market-related. roninsana.com Joined April 2009-
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Uneducated guess: The Bills traded down twice because they are pursing a veteran and now have more draft capital to use. Also, the fastest receiver in the draft is 165 pounds. Needs to add 20 lbs (I assume) to play in the NFL … if anyone can catch him. Uncertainty abounds!
Commodities are curling lower from oil to gold and from lumber to palladium. Time to watch closely.
Headlines say that stocks suffer their worst weekly losses of 2024. What's not said ... the S&P and NASDAQ are still up over 7% year-to-date. They could easily decline further, but after a total return of 26% for the S&P last year, 2024 is still providing normal returns.
Today's market action is all about Iran attack risk. Stocks down, rates down, oil and gold surging. Risk off, flight-to-safety. Inflation and earnings are background negatives, at least for now.
On sale now: DJT for $30!!! Was $79 at the peak. Steals and deals!!!!
For all of the anxiety around today’s market action, the S&P 500 is up over 8 1/4% YTD and the NASDAQ is up over 7 3/4%. That’s what we expected for the entire year. Could be more downside on PPI tomorrow. Japan, Italy, Denmark, Greece, Holland and Turkey are up more.
My friend & mentor of 4 decades, Richard Leibner, passed away today leaving a huge hole in my heart. He wasn't just an agent but a confidant, trusted advisor and, at times, father figure. Since 1987, he returned every call, e-mail & text, ending each with a joke. RIP, my friend.
It would appear I am not one of “the chosen.” Maybe next time …
If you're 18, learn to think for yourselves. Engage in lifelong learning. Practice whichever belief system you choose, or choose not to. Get married if and when you're ready. Have children if you believe you'd be a good parent. Most of all, do not listen to demagogues.
If you're 18, learn to think for yourselves. Engage in lifelong learning. Practice whichever belief system you choose, or choose not to. Get married if and when you're ready. Have children if you believe you'd be a good parent. Most of all, do not listen to demagogues.
This!! And if you add 10% tariffs on all imported goods, 60% tariffs on Chinese goods and engage in mass deportation of immigrants, end birthright citizenship, and refuse asylum-seekers, you'll get recession and inflation ... or economists call it, "stagflation." It's just math!
This!! And if you add 10% tariffs on all imported goods, 60% tariffs on Chinese goods and engage in mass deportation of immigrants, end birthright citizenship, and refuse asylum-seekers, you'll get recession and inflation ... or economists call it, "stagflation." It's just math!
$77 to $40 ... Hopefully no one bought DJT at $77 ... the intra-day high ... but, obviously, someone had to for it to trade there. For those who did, it's a 48% loss in a week and a half.
By the way, additional rule of thumb when in the midst of an earthquake ... while hiding under sturdy furniture can work, we were taught to enter a downstairs bathroom where the piping around the room makes for a secure space.
Did we just have an earthquake in northern New Jersey?????????
Carl Quintanilla @carlquintanilla
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With ALS, I live in a world of ups and downs. I am sure that many of you live in the same world. So I just want to say, stay strong. The world is a better place with you in it. Good night moon.
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@rinsana it's f'in nonsense. they are trying to make money for themselves and stevie.
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Thanks so much!
I celebrated my 87th birthday, which is today 4/20, a bit early at Marea restaurant in New York. Here’s my single candle, because can you imagine 87 of them? Fire marshal time! Tonight Brad and I are back in LA grabbing sushi in Brentwood. So many blessings.
If you don’t give Ukraine what they need now, Russia will take Ukraine and then continue to try and rebuild the Soviet Union. Putin believes the biggest mistake was the breakup of the Soviet Union. His goal is to assert dominance and try and get back as much of the Soviet…
@rinsana We got the aid to our Ukrainian allies @rinsana. It's a good day. Thankfully they were able to brave the Russian onslaught. God bless. Thought you might enjoy my recent piece on Israel/Palestine. seekingalpha.com/article/468481…
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The guy at the end of this video looks familiar !
The beginning of the Dot Com Bubble crash
The real live Clovers!!!!?!?! Why am I crying? For those who aren't familiar with competitive cheer, this is HUGE!! And it's NOT due to a lack of talent. @jadawooten_ let em know! 💃🏾💃🏾💃🏾💃🏾💃🏾💃🏾💃🏾💃🏾💃🏾💃🏾💃🏾💃🏾💃🏾💃🏾💃🏾💃🏾💃🏾 #BringItOn
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