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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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

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 …

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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 …

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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 …

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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 …

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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 …

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