{"id":60360,"date":"2023-04-11T09:44:06","date_gmt":"2023-04-11T13:44:06","guid":{"rendered":"https:\/\/www.technologyinvestor.com\/?p=60360"},"modified":"2023-04-11T09:44:06","modified_gmt":"2023-04-11T13:44:06","slug":"todays-no-brainer-5-03-on-3-month-treasuries-the-certainty-of-depressing-charts-well-see","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=60360","title":{"rendered":"Today’s No-Brainer — 5.03% on 3-month treasuries. The “certainty” of depressing charts. We’ll see"},"content":{"rendered":"

Blue sky. 70 degrees. Tiny buds. But supremely energizing for my increasingly longer walks.<\/p>\n

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Energy is wonderful as it returns, to counter (deal with) the uncertainty.<\/p>\n

There’s a even better counter:\u00a0The three-month treasury is now over 5% — in fact 5.03%.<\/p>\n

That’s an incredible rate. Whatever happens — another black swan event, hell or high water — we know we get 5.03% on our money — guaranteed by the full faith and credit of the U.S. government.<\/p>\n

That’s one thing. The other is what’s happening to crypto. “Currencies” like bitcoin and ethereum are gaining strongly. See below. They’re going up without me. I suspect they’re rising because of the uncertainty of the stockmarket. Here’s the S&P this year. Not one for the fainthearted (like me).<\/p>\n

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Where goes the economy? The “BIG thing we know is that it’s slowing down. The latest jobs report (for March) showed the weakest gain since December 2020 — but still a robust 236,000 job gains.<\/p>\n

The guys who love charts are having a ball. They’re eyeing charts showing an upcoming recession:<\/p>\n

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Same chart drawn differently. Recessions are the grey bars. This one tells the “story” a bit better.<\/p>\n

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My biggest recent gainers have been GOOGL, LMT, PXD,\u00a0 AAPL, NVDA and META. I’m hanging on, not buying more.<\/p>\n

Soon, my favorite real estate syndicators will find great bargains in what’s called “distress” properties — where their rising mortgage rate payments are eating up the cash flow and more.<\/p>\n

For now, I do like 5.03%<\/p>\n

Your precious email address<\/strong><\/span><\/p>\n

+ Never anyone our email address for a 15% discount you will never use.<\/p>\n

+ We all know there are places we can never unsubscribe from. Political places are the worst.<\/p>\n

+ I receive five to ten emails a day from Donald J. Trump. I once gave him $1 to get on his lists. They’re clearly the best written political money beggings ever. I do wish I could get off his list.<\/p>\n

Health stuff, endless<\/strong><\/span><\/p>\n

Friends keep falling on the last step, going down.<\/p>\n

Friends keep falling off the curb.<\/p>\n

Friends keep being hit by motorized messenger bicycles.<\/p>\n

Look both ways twice. Slow down. You don’t need to move so fast.<\/p>\n

More tech stuff<\/strong><\/span><\/p>\n

+ An external wireless mouse makes a laptop fly.\u00a0 My favorite is the $24 wireless Logitech M510. The little thingee on the right is the dongle that slides into the USB on your laptop or USB hub.<\/p>\n

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This is for real. I checked it.<\/strong><\/span><\/p>\n

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Am I glad I didn’t invest in Turkey<\/strong><\/span><\/p>\n

Instead of raising interest (as everyone else is doing) dictator Erdogan dropped them.<\/p>\n

This is what happened to Turkey’s currency as a result. It plummeted, seriously hurting Turkey’s economy.<\/p>\n

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For the Economist piece, click here.<\/strong><\/a><\/p>\n

I was a cub reporter<\/strong><\/span><\/p>\n

I visited 35 countries with pen, paper and typewriter. But today? Turkey, Iran, Egypt, Lebanon, Myanmar (Burma), Afghanistan, and now Russia.<\/p>\n

I see a younger Harry as the Wall Street Journal reporter\u00a0Evan Gershkovich jailed by Putin on B.S. charges, to be used as a pawn in a prisoner exchange. While he rots in a Russian prison.<\/p>\n

The New Yorker<\/em> has done an excellent piece,\u00a0How Putin Criminalized Journalism in Russia.\u00a0<\/em>Click here.<\/strong><\/a><\/p>\n

I cry for Evan. I wish I could do something, except to warn my readers to keep well away from the countries I mention above. Don’t visit. Don’t even think about visiting.<\/p>\n

Susan and I loved AIR, the movie<\/strong><\/span><\/p>\n

It’s the true story of how Nike signed up Michael Jordan, the greatest basketball player of all time<\/p>\n