Earnings being revised upwards despite leading economic indicators contracting; US deficit spending as a percentage of GDP is at its highest point outside of war or recession since 1960

Analysts are repeating the same mistake made during the 2008 Financial Crisis by revising earnings upwards despite a contraction in leading economic indicators, raising major warning signals. The US is experiencing deficit spending near 10% of GDP, reaching levels last …

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Cenk Uygur: “I’ll say the thing that no one else is willing to say. Joe Biden is being intensely selfish by running again. He’s putting his ego above the interests of his party and his country.”

I'll say the thing that no one else is willing to say. Joe Biden is being intensely selfish by running again. He's putting his ego above the interests of his party and his country. — Cenk Uygur (@cenkuygur) September 9, …

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Retail is poised to go all in despite stocks being very expensive

STOCKS VERY EXPENSIVE pic.twitter.com/rmoOk9V5Dy — Win Smart, CFA (@WinfieldSmart) August 28, 2023 Retail is about to go all in 🎲 https://t.co/tgq5NxIRhj pic.twitter.com/IFX6t5KBbk — Financelot (@FinanceLancelot) August 28, 2023 CREDIT 💳 CARDDELINQUENCY pic.twitter.com/RdciYYICEt — Win Smart, CFA (@WinfieldSmart) August 28, 2023