This holds true.
We're experiencing a classic asset bubble, except this time the Fed and government made it 10x worse for their own personal gain.
Inflation leading to growth was always a myth. 99% of the population don't understand economics and the 1% know this. https://t.co/i6U6nWLtOP pic.twitter.com/OxtiIfUKy6
— Financelot (@FinanceLancelot) November 1, 2021
Once Net Exports turn upward it's game over for stocks. Another chart showing spooky velocity and just how large the bubble is.
Unloading those 100 ships off the coast + emptying the container yards would lead to a deflationary bust in many sectors. pic.twitter.com/90Zusxv0KR
— Financelot (@FinanceLancelot) October 31, 2021
During the final and wildest phase of a bubble everybody is an investment genius.
What makes the final phase to wild? When the doubters see all their friends get rich they can't take it anymore and finally jump on board.
— Sven Henrich (@NorthmanTrader) October 31, 2021
What happens next? pic.twitter.com/AknSQkWOD4
— Financelot (@FinanceLancelot) October 31, 2021
Probably nothing pic.twitter.com/Lu6yJBi4Z3
— Financelot (@FinanceLancelot) November 1, 2021
#recession … #StockMarket #Bubble edition
This time it won't be going down the elevator, but the empty elevator shaft https://t.co/YJp07NvSnh pic.twitter.com/di99vvR8bE
— Invariant Perspective (@InvariantPersp1) October 30, 2021