The biggest global asset bubble in human history is imploding and bulls think they can hide in the Russell 2000?
Nvidia has the same market cap as the entire R2K. pic.twitter.com/VGQW1lYDHG
— Mac10 (@SuburbanDrone) July 30, 2024
“cash on the sidelines” is the most notorious fallacy in the financial media. It just won’t die. The market is an auction. I buy shares the seller gets cash. Cash is never created or diluted.
— John (@market_sleuth) July 30, 2024
This is the biggest monthly key reversal since the pandemonium, with one day left.
Remember when global stocks melted up into the early pandemic on the expectation of imminent rate cuts?
Then bulls realized that rate cuts are only bullish AFTER stocks crash. pic.twitter.com/rYX3di8u6A
— Mac10 (@SuburbanDrone) July 30, 2024