Macro Guy
8 posts
@bricketybricks Have to include dividends. Brk has no divvy. It Matters.
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Lee told me to buy Berkshire when it was $220 in the early 80s... No, i bought Heinz
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Now, here's an ETF filing...
The Direxion Two Bucks ETF
50 stocks with share prices between $2-$5/share. Must have market cap of at least $85mil.
sec.gov/Archives/edgar…
ETF Hearsay by Henry Jim@ETFhearsay
New #ETF based on low share price filed: Direxion Two Bucks ETF Tracks an index of 50 US securities with relatively low trading prices. Eff Jul 13 Share prices at rebalance must be between $2-$5 per share. More: linkedin.com/posts/activity… @ForesideTweets @DirexionLETFs @Solactive
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@DavidBCollum @zerohedge And even so, if your TAM is the whole world then that’s what u need to include in the denominator
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I'm old fashioned. This seems like a problem.
(h/t @zerohedge) Of course, it has been a problem for many years.
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@DavidBCollum @zerohedge Sure but US co’s make lots of stuff overseas and sell it overseas. Nothing to do with exports.
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@macroguy1 @zerohedge Exports, which is what they would be called, is included in GDP.
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@DavidBCollum Oh gee i don’t know. Lower taxes, globalization, lower rates, improved margins, productivity, innovation, higher ROE, etc etc.
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This plot was drawn to my attention yesterday but I continue to be entertained. Maybe there is a good explanation, but how does the market cap of the Wilshire 5000 normalized to GDP rise >10x? And when it corrects, are we talking 90%? Howbowdah?
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Macro Guy retweetledi
