Recent Commentary on the Down Economy
$Meta Platforms (META.US)$ CEO Mark Zuckerberg says, “If I had to bet, I’d say that this might be one of the worst downturns that we’ve seen in recent history.”
Galaxy Investment CEO Mike Novogratz says, "The Economy Is Going to Collapse. We Are Going to Go Into a Really Fast Recession."
$Tesla (TSLA.US)$ and SpaceX CEO Elon Musk, even though he said he has "no further TSLA sales planned," he just dumped $7 Billion worth more of Tesla stock.
$Berkshire Hathaway-A (BRK.A.US)$ $Berkshire Hathaway-B (BRK.B.US)$ CEO Warren Buffett just saw Berkshire Hathaway lose $44 Billion in Q2 2022 alone. He is throwing in the towel on many stocks.
$Goldman Sachs (GS.US)$ Economists now see a ‘feasible but difficult path’ for the Fed to defeat inflation without a recession $Invesco QQQ Trust (QQQ.US)$ $SPDR S&P 500 ETF (SPY.US)$ $ProShares UltraPro Short QQQ ETF (SQQQ.US)$ $ProShares Ultra VIX Short-Term Futures ETF (UVXY.US)$ $Tesla (TSLA.US)$ $Apple (AAPL.US)$
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Evelynne : Selling puts at open and loading Sep $900 calls
old Micheal OP Evelynne :