The markets were bad before, but they just got a lot worse. This past Thursday, the S&P 500 fell almost 5%. It was the second-largest point drop ever in the S&P 500! What happened? Image Source: Unsplash
No investor likes the I or R-words. The I-word being inflation and the R-word being recession. They certainly don’t get said in my house! But putting our heads in the sand and pretending everything’s fine never works. Some recent news has been bad on both fronts. Image Source: Unsplash
Nvidia's (ticker: NVDA) annual GPU Technology Conference (GTC), a 15-year tradition, just wrapped up. Originally, the conference was all about GPU (graphics processing unit) chips and their application in places like video games and animation. Today? It’s all about artificial intelligence! It’s a big event for Nvidia as it showcases some of the future applications of their high-demand semiconductor chips. Image Source: Unsplash
The US Congress has NEVER been popular, and this is a great reason why! One BIG thing about Congress that PISSES ME OFF… Letting people in congress trade stocks… without restriction! IT’S CRAZY! We have laws in this country preventing company executives from trading stock on insider information. YET - nothing prevents congress from doing the same thing. Image Source: Unsplash