6 stories we are following this morning.
1. With all the market turbulence we enjoyed reading a piece in The Motley Fool titled “3 Stocks to Buy and Hold Forever”
The article by The Motley Fool names Google, Intuitive and Vertex Pharmaceuticals as three stocks to buy and hold forever.
2. My 2nd favorite tweet of the day – Dickie Bush
Here’s your daily reminder that most of the things you’re caught up in will not matter in 5 years. By Dickie Bush
3. My Favorite Tweet of the Day– Andrew Wilkinson on X
Our all time best investments, the 10-30 baggers, have always slapped us across the face and required no more than 5 minutes of analysis. If you have to scratch your head and squint to pull the trigger, it’s probably a bad investment. Andrew Wilkinson.
4. 90 Deals In 90 Days
President Donald Trump’s administration wants to strike 90 trade deals in 90 days, but the challenges to quickly resolving the president’s trade war are already apparent. Yahoo Finance. Fascinating to watch this unfold. If not so serious, it would be must see TV.
5. Consumer Confidence Drops
The latest University of Michigan consumer sentiment survey released Friday showed sentiment hit its lowest level since June 2022. The index slid to a reading of 50.8, below the 57 seen last month and the 53.8 expected by economists. Yahoo Finance.
6. 3 Notes From Friday Afternoon.
1. The markets largely held their gains on Friday afternoon. 2. It’s been an up and down week with record ups on Wednesday and a down day Thursday. Oversll an up week in the market. 3. Long term bond yields are rising.