Comments by "" (@mrpmj00) on "El-Erian Says U.S. Recovery Slowing, Not 'Moving Backwards'" video.

  1. 100% the market has to go up. Think about it, who would lend out their money and accept risk yet not get a return? If the Fed had not stepped in, then every investor would rather keep their money and not lend it out, which would crash the country and we'd have 100% unemployment.
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  2. APPLE STOCK: Back to school shopping is happening now for Macbooks, iPads, subscriptions. My son's gong to be a college freshman so I've just replaced his 5 year old 13in Macbook Pro for a new 13in Macbook Pro with 16GB ram/1TB SSD for $1999 and $250 Applecare, Apple watch, 5G iphone coming in Oct 2020.
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  3. Microsoft will be the winner because its moat is Azure (private cloud) which cannot be copied by other companies which have public cloud (Amazon, Google, etc.)
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  4. Buy the dip! I've bought Facebook, Microsoft, Apple, Google, Adobe, Alteryx, Wells Fargo. TRUST THE PROCESS...The stock market goes up in the long term because it takes 2 steps forward for every 1 step backward. Cash is trash, it loses out to inflation.
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