US unemployment rate for ages 16-24 is 10.5%; Sales of Heavy Trucks are collapsing; The Buffett Indicator has entered the exosphere; Subprime delinquency is worse than in the 2008 financial crisis.

3 ways today’s market high masks real weakness:

Market printed a massive ATH today. But peel back the layers,

1.The White House rushed out a “don’t panic” post, a telltale sign of fragility, not strength.

2.Crowds cheered for stocks that finally bounced today… yet they’re still buried -50% after months of pain.

3.The so-called leaders that ran +30% in the last month all cracked today, momentum stalling right at the peak.

The surface screams euphoria. Underneath, it’s already unraveling.