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 sector is going late stage parabolic. The most since Biden …

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During a city council meeting this week, residents in the sanctuary city of Chicago, Illinois, urged President-elect Donald Trump and his border

During a city council meeting this week, residents in the sanctuary city of Chicago, Illinois, urged President-elect Donald Trump and his border czar, Thomas Homan, to arrest Mayor Brandon Johnson should he try to stop their plan to deport illegal aliens. Soon after Trump’s victory last month, Johnson said he …

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Most Americans are not ready to hear this:

Absolutely. Ukraine definitely isn’t about 'defending democracy'—it’s about protecting the swamp’s offshore piggy bank. 2014 wasn’t only a coup, it was a heist. — Dr. Dom (@ActualDrDom) December 4, 2024

Oh, sure, another bull run sounds totally likely with sky-high stock prices and a crumbling economy. Santa comes to town or this house of cards explodes at all time highs?

I worry about this too. I don’t see how you have another stock market bull run given how overpriced equities are along with how bad the economy is. It’s going to get worse before it gets better. https://t.co/16VaPMt40N — QE Infinity (@StealthQE4) December 4, 2024 🇺🇸 S&P 500 Asset managers …

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Buying a home right now at these elevated prices makes absolutely zero sense with rates this high. You can smell the desperation of the agents any house you walk into.

Yeah, I go to open houses every weekend, because I would like to buy a house but by the end of the day I’m just depressed. Rates double from a few years ago, sky high prices, and most houses need some work. People are pricing their houses higher than what …

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If this trend continues, it will turn out that August and October saw JOB LOSSES. Hiring fell sharply before summer and never came back, all of that leading up to the holidays. ADP October payrolls revised down.

⚠️BRACE FOR MORE US JOB MARKET DATA REVISIONS⚠️ Nonfarm payrolls will likely be revised DOWNWARD by another ~300,000 jobs for 2Q 2024. This is according to the QCEW data released by the BLS. If this trend continues, it will turn out that August and October saw JOB LOSSES. pic.twitter.com/rA3cgv6En6 — …

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Fix This or Nothing Else Matters

Authored by Charles Hugh-Smith via oftwominds, The top 10% are the dog sipping a drink as the cafe burns down, saying “this is fine.” What’s the one thing we need to fix or nothing else matters? There are plenty of potential candidates: immigration, healthcare, wokeism, hot war in Europe, inflation, draining …

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This is embarrassing for America

This is the President of the United States in Angola today. Lord help us. This has been embarrassing for 4 years now 🙄 pic.twitter.com/6CkPZuNP9h — Based Electrician⚡️🇺🇲 (@ComeAndTakeIt) December 3, 2024

A rug pull happens when it’s least expected. This bull market is losing oxygen. Please don’t be dumb money…

https://twitter.com/NorthmanTrader/status/1863950494399443177 🚨 BREAKING: $TSLA 3rd largest shareholder Leo KoGuan sells his shares citing the need to hedge his portfolio against a possible market crash reminiscent of 1929 https://t.co/9SreLrWliw pic.twitter.com/dvOck3qyNI — Financelot (@FinanceLancelot) December 3, 2024 We have: Korea in collapse Japan in a currency crisis China in a depression France …

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LOL Female rapper, on Twitter: “I lied. I voted for Trump” MSM totally reeling from this!

I wouldn’t be surprised if a lot more celebs/artists voted for that man secretly while pretending they supported Kamala in public…. — Pape: European Champion! (@melvinwpeters) November 6, 2024 Singer and rapper Azealia Banks has ignited online criticism after revealing she voted for Donald Trump, despite previously endorsing Kamala Harris …

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Wow, to be completely honest, I like this, a lot. I hope we get results from his intentions, but only time will tell

It’s funny how when his “ideas” aren’t through the filter of another mouthpiece, they aren’t crazy. HOLY SMOKES: Jillian Michaels Goes Scorched Earth on RFK Jr. Haters With a Series of Stunning Truth Bombs “If you're afraid of RFK, you've lost your mind! Take a back seat. Let the professionals …

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How do they allow these people to get close to our kids like this?

Absolutely unacceptable. First graders should be learning basics like reading and math, not being exposed to content that’s wildly inappropriate for their age. It's baffling how something like this even makes it into the classroom, and it speaks to a serious lack of oversight. — MAG🔫1775🇺🇸 (@realMAG1775) November 9, 2024

The Dems still don’t seem to get this…

The problem is, the Dems still don't seem to get this. @TheDemocrats, it's simple. You lost b/c you didn't address inflation and let the @federalreserve manipulate asset prices higher while also running deficits higher to try to buy votes causing inflation. It's that simple. — Gordon Johnson (@GordonJohnson19) November 7, …

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She has to do this, but she wouldn’t survive.

Panicking liberals urge Kamala Harris to appear with Rogan as Trump’s staggering ratings on podcast revealed Liberals have grown despondent after it emerged that Donald Trump’s interview with Joe Rogan amassed a staggering 17 million YouTube views in less than 24 hours. The three-hour sit down covered a wide range …

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Kamala Harris lost the debate with herself last night. She might lose every state if voters see this.

She just held a press conference calling Donald Trump Hitler and his supporters Nazis! That’s the opposite of unity!! 🤡 🤡🤡🤡🤡🤡 — Angry Elephant (@Craptocracy) October 24, 2024 This dumb bitch might lose every state if voters see this. pic.twitter.com/n0Jj8SyHs8 — Brenden Dilley (@WarlordDilley) October 24, 2024 I did not …

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The Stock Market is About to Get Rug Pulled. (THIS WEEK)

Worst breadth since August on both exchanges. Notice how in August when breadth was at this level Nvidia was imploding. Now, Nvidia is near all time highs. Does not portend well for bulls when the only stock that matters implodes. pic.twitter.com/iyBRdk0NP8 — Mac10 (@SuburbanDrone) October 23, 2024 Stock market news …

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Equity Investors: ‘This Is Fine’

by Jesse Felder The market environment has changed dramatically from that which defined the past two decades. Interest rates are significantly higher which should bring equity valuations down though that is clearly not the case today. However, this may be one reason insiders have little to no appetite for their …

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