Nvidia mania cools as distance from 36-month average peaks, trapping FOMO buyers.Who want’s to address the elephant in the room?

Nvidia Mania. RECORD distance from 36 month moving average unwinding. Peak FOMO most likely behind us. Lots will get trapped.#nvidia #nvda #capitalrotation pic.twitter.com/6InMkiQ97i — Patrick Karim (@badcharts1) November 2, 2024 Who want's to address the elephant in the room? Forecast …

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Core Inflation Cools To 4.8% In June >2x Target, REAL Wage Growth Finally Goes Positive (1.2% YoY) While RENT Inflation Still Roaring At 8% YoY (Taylor Rule Now Implies A Fed Target Rate Of 10.42%)

by confoundedinterest17 As M2 Money growth has stalled, we are seeing inflation cool a bit. Core inflation YoY is now down to 4.8% (still >2x Fed target). The good news? REAL average hourly earnings YoY is finally positive for the …

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Bidenville! US Inflation Cools To 2x Target In May, 26 Straight Months Of Negative Weekly Wage Growth (Core Inflation Still At 5.3% YoY, Yet Fed Will Pause Rate Hikes)

by confoundedinterest17 Okay, Joe Biden was generally regarded as the dumbest member of the US Senate and mean-spirited (I won’t repeat podcaster Joe Rogan’s opinion of Biden). Now we realize how brazenly corrupt Biden is (taking bribes from China and …

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