S&P 500 hits frothy 39 P/E as markets soar in historic rebound but past peaks signal danger ahead
If the credit market was pricing this in interest rates would be over 10%.
The problem is everything is being ignored. https://t.co/5SPicZHZpp
— QE Infinity (@StealthQE4) July 29, 2025
Linkhttps://t.co/DrQuoW85rw pic.twitter.com/Fk04MoJMv8
— QE Infinity (@StealthQE4) July 30, 2025
The US economy saw 3% GDP growth in Q2.
But it was highly unusual…1) A massive decline in imports (-35% for goods) lifted GDP
2) Consumption was +1.4% — a solid, but not spectacular number.
3) Business investment DECLINED in Q2This is an economy running just above 1% if… pic.twitter.com/Cly7JtZPJi
— Heather Long (@byHeatherLong) July 30, 2025
Stunning. U.S. imports of consumer goods have plunged by 43.9% over the past 3 months … that is the largest decline in history pic.twitter.com/kybq7DxPtT
— Kevin Gordon (@KevRGordon) July 29, 2025