A word on the market [View all]
Against all headwinds, the market has been “remarkably resilient” except it’s a chimera buoyed by seven stocks that are gung-hoing into the brave new world of AI.
The average American is not reaping any rewards from the sale of chips, the building of data centers and the use of tera watts of energy to float this headlong, reckless movement to our own ELE.
And pretty soon, just like the.com and mortgage bubbles, it will burst but, IMO, with far worse consequences because the American consumer will not be able to bail out the economy this time.
There, I’ve identified, again IMO, the problem and here’s a solution, stockpile as much liquidity as you can. Since January, I’ve been doing just that and will continue to do so until all vestiges of this fucking administration are figuratively horizontal.
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