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Rap Sheet

Author:

Jam ok

Subject:

Off Topic

Date:

10/31/17 at 8:14 PM CDT

 

 

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Sentiment:

Neutral

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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