Suncor Energy Inc. T.SU

Brilliant economy lesson

[Obscure1]

Cathie Wood has her fans and detractors, but there is no denying her skills in economic analysis

There are some important messages in her latest recap of the economy such as the money supply is now negative for the first time in her 45 year career.  In addition, "orders" were down 10% which is a steeper drop than when covid hit....yikes!  Cathie also talks about how earnings are now falling at 2.5% to 3.0% (due in part to shorter work weeks).  Cathie also talks about how she believes how the economy has been in a recession since Q1. There is just too much info for me to keep writing.

The following video is 53 minutes long which is a grunt for me.  However, by the 18 minute mark (which is where I'm at now as I'm taking a break), the amount of gold is well worth the time.

https://www.youtube.com/watch?v=oOl3U5h_78Q

Be prepared for a dose of "I told you so" from Experienced after he has worked his way through the video. 

My take on the content of the video is that a recovery is probably coming sooner than later once we take a little trip off a cliff first.

[MigraineCall]

Well Obscure1, with all due respect, I can say I'm not a fan. With all that doom and gloom she speaks of, it makes me wonder why she went long, and missed one of the best short trades of the year as TSLA and other EVs drop to more realistic valuations. I regret holding only a small short in TSLA, and I covered in the final days of Dec. Like the sky high marijuana stocks, once the hype and

[meritmat]

Want to go broke listen to the cr@p she's peddling 

[Obscure1]

Cathie (in several of her funds) did sell most of her TSLA shares at MUCH higher prices before buying back in the last couple of weeks.  Before that, she ran Tesla all the way up. You may be correct about oil demand which would make Cathie and a large percentage of institutional holders wrong.  Everybody is entitled to their beliefs.  That is what makes a market. Hindsight is 20

[Hightowntrader]

I don't drink her Kool-aid either...Last year it was fun to go to her website and look at the ticker showing 50% + losses for 2022.. I'm gonna go take a peak at this years numbers now...lol. Cathie Wood has admitted short-term defeat in her 2020 prediction that oil prices would crash to $12 per barrel. WTI Crude Oil prices soared to $120 per barrel on Monday amid Russia's

[Hightowntrader]

Jeebus!!! Proudly advertising -60.38% returns for 2022.  I guess she made a few poor moves and your portfolio is now worth 60% less. I wonder if she has a special referral offer for signing up friends? :)

[meritmat]

How does she keep her job?

[mrbb]

although her ARK funds have done poorly but objective of her funds is to invest in disruptive technology, those who invested in her fund should know whtat they've bought. She even publishes her stock holding and trading transaction daily.   She can't buy oil/gas, gold, utility stocks even the sentiment had changed or unless she introduce commodity theme ARK funds

[mrbb]

no doubt cathie is trained in economic and finance but she ain't train in science or engineering which deal with mass and energy. i respect her call on tsla (the longer the suppression, the bigger the spike of share price) on national media but she lost me when she start bashing oil and ICE. Used ICE cars were in high demand during the covid lockdown caused by chip shortage. Now going

[mrbb]

Continued. what i'm trying to say is the gov't is lying about fighting inflation. In fact, inflation is the go to solution for big gov't and big corps, as their ever increasing debt get wither away by inflation. Gov't would never stop spending or opt for bankruptcy to fight inflation. They could raise taxes but only up to a point. Inflation is the preferred tool of all big empire