The whole economy is running on four or five companies buying GPUs like candy. Consumers feel broke. Home sellers still dream of 2021 prices.
Wall Street and Main Street have never been this far apart.
Consumer sentiment came in at 49.5 in June, the second-lowest reading on record. Only May 2026 was worse. The S&P 500 sits near an all-time high anyway.
The market is not the economy. It trades on earnings and… pic.twitter.com/UdelcKxupi
— Kurt S. Altrichter, CRPS® (@kurtsaltrichter) July 26, 2026
Sign of things to come.
This isn't a buyers market yet because sellers are still delusional on price.
This is a frozen market because homebuyers can't afford the price and home sellers don't understand basic math. https://t.co/Qw50BkKITT pic.twitter.com/ADhIlQLSls
— Darth Powell (@VladTheInflator) July 26, 2026
50% of U.S. GDP growth is now coming from AI investment.
Specifically, one category in the GDP report:
Computers & Peripheral Equipment.
This category includes AI servers and GPUs, and surged 72% YoY in Q1 2026.
I don't believe we've ever seen anything like this, at least in… pic.twitter.com/ClgUow9EjE
— Nick Gerli (@nickgerli1) July 26, 2026
🏡📉 SELLERS GETTING DESPERATE📉🏡
3 Bedroom, 2 bath
1,368 sqft
Built in 1972
Seller bought in 2025 for $1,475,000
Now trying to get rid of it for $1,039,900
They will likely never financially recover from this. pic.twitter.com/AyW4uodzpa
— Eric Spracklen 🇺🇸 (@EricSpracklen) July 26, 2026
MICHAEL BURRY JUST WARNED THAT PRIVATE EQUITY MAY BE USING LIFE INSURERS TO PUSH LOSSES ONTO THE PUBLIC.
Burry is highlighting a new paper by two Yale/Texas researchers, "Private Credit's State Backstop: How Private Equity Socializes Risk Through Insurers."
Firms like Apollo,… pic.twitter.com/fPlwcdTxs6
— Bull Theory (@BullTheoryio) July 26, 2026
University of Michigan consumer sentiment June final: https://isr.umich.edu/news-events/news-releases/consumer-confidence-rises-as-gas-prices-ease-remains-below-pre-iran-readings/
Ars Technica on Google negative free cash flow: https://arstechnica.com/google/2026/07/google-just-had-its-first-negative-cash-flow-quarter-ever-due-to-massive-ai-spending/
Redfin sellers vs buyers data: https://www.redfin.com/news/buyers-vs-sellers-june-2026/