In 1901, a mechanical engineer by the name of Walter married his childhood sweetheart, Della Forker, and they settled down in Salt Lake City, Utah. Walter had been a lifelong worker for the railway industry up to that point and, during that period, was employed by the Denver and Rio Grande Railway. Because he was so passionate about his career, other companies wanted his services, similarly to how Steve Jobs pursued Tim Cook and attracted him to Apple Inc.
2022 will be one of the best years for Main Street America in the past 50 years, mark my words. There will be more jobs, better wages, massive retail discounts in stores, and a divorce from COVID. The best is really yet to come!
The stock market has been on fire since the March bottom. The NASDAQ 100 has soared by 105%, the S&P 500 has surged by 85% and the Dow Jones has rallied by 79%!
Friday’s HUGE STUNNER, which saw unemployment numbers in America GOING DOWN, has brought back GRANDMA AND GRANDPA to the stock market, along with their MILLENNIAL grandchildren. Suddenly, retail investors are BULLISH like I’ve never seen!
Every two or three weeks, I see another article published on how Warren Buffett’s holding company, Berkshire Hathaway, is underperforming the S&P 500 and how his cash pile of over $128B is a giant waste – since it could be making his shareholders a fortune, had it been invested in this late-stage bubble surge.
In 2019, the Federal Reserve’s stimulus packages – which SHOCKED the markets, since they represented a full U-turn in terms of policy, compared to the aggressive tightening in 2018 – were one of the primary reasons that the stock market soared by so much.