Semiconductors getting demolished. Banks will lead now. That's the new bet.

Semiconductors getting demolished.

Banks will lead now. That's the new bet. pic.twitter.com/QUxFt2lQ78

— Mac10 (@SuburbanDrone) June 24, 2024

We're going to need more bagholders. pic.twitter.com/V1KHIXHGTX

— Mac10 (@SuburbanDrone) June 24, 2024

While everyone was focused on Nvidia, another well known $3 trillion stock just got downsized to 5% of XLK. pic.twitter.com/Hw3Z02FjV1

— Mac10 (@SuburbanDrone) June 21, 2024

See also China's debt ratio went from 90.4% to 99.2% in one year. GDP grew only about 5%. So debt is piling up almost twice as fast as the economy is growing.

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