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OT - INTC
OT - INTC - Analysts continue to chime in with higher PT's, and
the stock ascends accordingly. Apparently, in this market, when the
market likes everything Trump does, (or Trump can't manage to do),
the sky is not the limit. One of the few cases in which that I've
been wrong in my assumptions/predictions for the last decade turns
out to be to my benefit. Still holding what is now a sizeable
position through growth. I was talking with a very knowledgeable
friend of mine last night, who reminded me of how fast financial
crises can develop. And that interest rates could rise
precipitously. A tenet that I've held for the past 10 years, given
the muti-trillions of dollars of debt we're carrying as a country.
Another instance of my being wrong for quite a while. Apparently,
the Chinese and Saudi desire to own our debt is without limit. So
far.
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