US Households now have 42% of their financial assets in stocks (the highest ever). In the meantime the Fed’s balance sheet shows the largest drawdown on record
Now would be a good time for the old rug pull. h/t Perfect_Alarm_2141
meantime,
US economic data softens, job report impact crucial, potential for severe downturn looms.
Recent economic updates from the U.S. paint a bleak picture, stirring deep unease among investors. The latest indicators, including the sharp decline in the Bloomberg Economic Surprise Index, signal a worrisome underperformance reminiscent of the tumultuous trends observed in 2019. …