What I week we just went through in the US stock market! SPX ended the week with almost no change from last week’s close. Many FURUs come out from hiding after being caught dead wrong last week, claiming they are 100% correct that this dip is a buying opportunity …
Next week is option expiration week so many more wild moves are to be expected.
Patrick Boyle provides a much better analysis of the current round of big tech layoffs. I think many of these tech workers will give up their tech jobs and work in other fields because they simply can’t find enough tech jobs in the first place. The ripple effect of having many workers without a job will look similar to the burst of the dotcom bubble back in year 2000.
For those who care about the current stock market situation, this video is a balanced view of what comes next. One thing I may add is that the yen carry problem is not resolved yet. Thus, we can’t tell if the global financial system can really handle the aftermath without more damages done.
Many people may have heard of meditation and breathing techniques but they do not realize these practices directly change your brains’ neuro pathways with both short term and long term effects. For example, Dr. Huberman explained how simple controlled breathing can help regulate your alertness quickly. If you are interested to learn more, you can watch his podcasts where he discuss many of these latest research results.
Time to get back to work on my projects.
Have a great weekend all!
