Mkts, Inflation, War, Politics, Energy, NFLX, Twitter, Musk, TSLA

Economy/Markets.  US Stocks down 22%, tech down 28%, ARKK down 55%. Inflation print. CPI at 9.1%Energy and Gas up 60% Food up 10%. These are the items that are killing average Americans. What now: War, Supply Chains, Inflation (supply driven), and Fed actions.  We need a peace deal to end the war and we need China open. Are we in a recession? Yes. Politics: 70-80% of americans in general agreement. Then the 10% wacko’s come out and ruin everything for the rest of us. Climate change or die! No. There is a middle ground. Energy. Pass $1 trillion bill. $500b on near term energy and $500b on long term sustainable clean energy. To easy, right!?Abortion. Shouldn't have gone here!?Netflix: Bad guide. Stock down 75%. Partnering with Microsoft for adsTikTok kicking Netflix’s ass…so why not compete head on. Lots of Cheap stocks:Example: Stitchfix down 95%. Bill Gurley buys $5m of StitchFix. 20x return if it goes back. That’s the good news. Twitter/MuskSpam accounts hard to determine.Twitter suit against Musk looks like a looser. Elon Musk is a nightmare client. The Atlantic. Tesla returning to office. As for Musk himself, the CEO had said in an email a few days earlier that he would spend six days a week in the factory, “seven if physically possible.” In the email, which The Information reviewed and which hasn’t been previously reported, Musk added, “BTW, anything I ask others to do, I do myself even more.”Tesla: All automakers down today. Watching this guy say that Tesla will “revert to mean” of other company valuations. No they wont. Solar, Battery, Cars, AI, HVAC, Semi’s, Entertainment: TopgunTour de France. British Open for Golf. Tiger shot a 78.