This market is so decadent & depraved even tragedies are bullish. Costco’s price-to-earnings ratio currently stands at 60. Liquidity is deteriorating.

https://twitter.com/NorthmanTrader/status/1864324436553290006 Costco's price-to-earnings ratio currently stands at 60. Let that marinate. — The Great Martis (@great_martis) December 4, 2024 The headlines say the market is surging due to CRM (Salesforce) earnings. Which is now a Dow stock:https://t.co/aS0saFoPxb The Cloud Computing …

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Biden/Harris Replicates Reagan’s Soviet Bankruptcy Strategy IN REVERSE, US Debt Stands At $36 TRILLION With $220.3 TRILLION In Unfunded Liabilities (Too Bad Total US Assets Are Only $217 TRILLON)

by confoundedinterest17 I just watched Dennis Quaid in “Reagan”. Excellent film. But it reminded me of how Reagan sank the Soviet Union: by outspending the Soviet Union on the arms race. It worked! The Soviet Union, hamstrung by grossly inefficent …

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‘I Would Not Blaze This Unfortunate Trail’: Justice Alito Stands Alone, Expresses Concerns About ‘Sweeping Executive Power’ as SCOTUS Refuses to Stop Biden-Harris Regime’s Open Border Policies

via lawandcrime: Justice Samuel Alito stood alone Friday in opposing the rest of the Supreme Court’s ruling that Texas and Louisiana lacked standing to challenge the Biden administration Department of Homeland Security’s 2021 “Guidelines for the Enforcement of Civil Immigration …

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