2024. 12. 29. 08:40ㆍU.S. Economic Stock Market Outlook
Domestic investors also jumped into Tesla's investment by shouting "Cheonla," but Tesla, which has already risen enough, formed a high point and then entered a downtrend with the U.S. stock market in November 2021. If you were only investing in domestic stocks, you might think the decline was caused by higher interest rates. However, if you look at Tesla, which is already up nearly 1,000% from the bottom, you're in a position where you can't invest for any reason.
In the bubble section where people were enthusiastic about Tesla stocks, I could see that they would enter a downtrend after checking five indicators. If people's desire has caused stocks to rise sharply, they are bound to fall sharply. This is the stock market's net profit and unchangeable law. I cashed in all stocks and prepared for a downtrend. If there is no strategy to prepare for a downtrend, we have no choice but to return all the profits made on the uptrend to the market and have a painful time. Therefore, even if you invest in individual domestic stocks, you must read the flow of hemp, the leader of the global stock market.
Nvidia is also on a rollercoaster ride after rising more than 1,000% from its peak. The news is creating a bubble in the stock market by shouting "Cheonvidia" every day.
- <Stock investment is a cycle> J2
[Lunch with a European]
I worked with visited Seoul and had lunch together. While sharing old stories and family greetings, I suddenly talked about the country, and the conversation was impressive, so I share it.
Naturally, all foreigners currently visiting Seoul were highly interested in Martial law. The unfamiliar name Martial law means martial law in Korean. He said he heard the news as soon as he got a flight ticket to Seoul, and he felt the power of Korean democracy when he saw the situation cleared up in a few hours.
I handed over lip service because the history of democracy in Korea is not very long yet. Then, he suddenly began to explain the political situation in France. France is also concerned about a shutdown that will paralyze public administration and delay the process of next year's budget. It is said that Prime Minister Barnier's cabinet is currently collapsed, and President Macron is under pressure to step down.
So when asked if Germany was okay, Prime Minister Olaf Scholz was also distrusted in the Federal Assembly. He said he was worried about the collapse of the coalition and the political turmoil caused by it. Germany, in particular, said that there are high concerns about the overall industry. This is because the position of a manufacturing powerhouse is weakening as the AI era enters. The automobile industry is losing ground to Tesla and BYD, and Siemens is not the same as before. He added that it is now unclear what Germany will live on. Still, it seems better than France, where LVMH survives.
In the meantime, Trump is again the president of the United States and is pressuring Europe to say, "If you don't buy our gas and crude oil, I won't let you go." However, when I didn't listen to the United States, I heard that it was a situation that warned of the withdrawal of the Earth Guard, so I couldn't do this or that at a time when Russia was looking for an opportunity. At this point, I felt something was homogeneous. I think not only Western Europe but also Northern Europeans are taking for granted the comfort of the United States under the umbrella of the United States.
In this regard, I also felt that the situation in which the three East Asian countries—Korea, Japan, and Taiwan— all rely on security under the umbrella of the United States and that the situations of Western and Nordic countries are similar. However, as long as the 6th and 7th Fleet are present, Russia or China will not be able to easily step forward. At this point, I explained to you about the new US weapons, Palantir and Starlink.
Surprisingly, he said he had never heard of both of them before. So, he said, "How can you discuss the international situation without knowing Peter Thiel and Elon Musk?" He said, "In order to live in the modern world, Zero to One, Chip War, and Elon Musk's autobiographies are must-reads, so make sure to look them up at home." I don't know, but Chip War seems to have preached more than 10 vegetables to Europeans only
After lunch, I bought him a cup of coffee and said goodbye. Anyway, I wished each other a good health by thinking about Western Europe and East Asia living under the umbrella of the United States. I don't know where I will meet again in the next five years, even though this is the first time in five years. I hope we will see each other again in good health and happiness.
We... We'll be happy until then, right?
2024.12.23 Created
*Additional
When I asked where they booked a hotel in Seoul, they called it Gangnam. When I asked where the gangnam was, they said Gangnam. The Grand Joint Seoul Palace is all located in Gangbuk, so I asked why they booked a hotel in Gangnam, and they said it's because of Gangnam Style. You booked a hotel in Gangnam because of Gangnam Style, which is 10 years old? Oh, Seoul also has cultural places such as Notting Hill and Pon Neuf! The power of culture lol
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