Mike Moore (@mikemoore2) header
Mike Moore (@mikemoore2) profile picture

Global Wealth Management: - Optimise Tax - Plan Succession - Protect & grow capital

Cape Town
Joined June 2008
In honour of Jota the Slotter.
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Gamers may soon be able to own the items they bought in games. Bullish for widespread adoption of NFTs and crypto?
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Superb!
I asked my Year 1 classes to tell me a joke; Here is my analysis. A THREAD
1 Year Returns to 28 Feb '21 in USD: JSE (Swix TR): 30.95% S&P 500 (TR): 31.29% Who would have guessed?
Flows into global shares over 16 week periods. Last 16 weeks outstripped all other 16 week periods since 2010 by miles .
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$SPY EPS ests continue to rise! Only 16 co’s in the index are left to report 4Q20 results. Here are 10 of those co’s below that we still haven’t heard from but will soon.
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Wow.
That's how Russian police broke into Navalany's doctor's apartment today for arrest and search - and she continued to play the piano.
Notwithstanding the complex fundamentals behind cryptocurrency, over the short term its a slot machine and some clever risk takers are making a fortune out if it. Hats off to them!
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"In the end trees don't grow to the sky and few thjngs go to zero". Howard Marks
Ouch.
Over a third (34%) of Americans have had to dip into their retirement savings because of the economic impacts of COVID-19 says a new @AllianzLife study.
"History never repeats itself but it rhymes". Many predicting a repeat of 2000 tech wreck, but that simply repeats. What's the rhyme?
Exquisitely said:
US stock valuations closing 2020 at 2nd highest in history outside internet bubble. The 10-Year PE Ratio is 34. The first time it hit 34 was in 1998. What happened next? The stock market went up 50% from there. And then had no returns for over a decade. Pick your fighter!
Has any financial planner answering a financial question posed by a reader in a publication ever seen a return on their investment. Doubt it.
This guy really should have stuck to writing Dilbert comic strips. I followed him to ensure my timeline was not the typical echo chamber. It was serving both of us well until Donald lost the election. Then I learnt that he is simply a stuck record.
Let's say you're a Republican in the House and 75% of your base believes the election was stolen, the Democrat motive and opportunity to steal it were sky-high, and the election software company won't allow an audit. What decision best serves your constituents?
Tesla up close to 50% last month. Greed (FOMO in more polite circles) is back.
Eish.
1. Stocks: all-time highs. 2. Housing prices: all-time highs. 3. Corporate bond yields: all-time lows. 4. Mortgage rates: all-time lows. 5. Jerome Powell: the outlook is "extraordinarily uncertain." We need many more years of 0% interest rates and QE to stimulate the markets.
Next two weeks will be like trying to shove an elephant through the eye of a needle to finish all the client work. Nothing like a deadline to get the peeps moving again!!!!
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Building an online following requires consistency.
Mind blowing stats. How long it took YouTube creators to get followers (averaged): 🤯 1M: 3,873 videos 🤑 100k - 1M: 1,171 videos 😁 10k - 100k: 418 videos 🙂 1k - 10k: 151 videos Persistence, focus, and patience are key in anything!
Covid-19 cases and people dying from it is clearly trending higher. This is having an adverse impact on near-term $SPY EPS expectations. Better testing & a vaccine can’t come soon enough.
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