I bought all the way down in 2000-2001. I didn't know any better.
I watched friends buy all the way down in 2008. They didn't understand the mortgage bond market.
Why are so many willing to baghold for billionaires this time when it so damn obvious?
— RJR Capital (@RJRCapital) February 4, 2022
Investors actually bid this thing up to a similar earnings multiple as Microsoft back in 2020. pic.twitter.com/MFXVXRlAvH
— Lyn Alden (@LynAldenContact) February 4, 2022
Oil at $93.
Wages +5.7%.
Amazon hikes price of Prime by 17%. pic.twitter.com/XkoY8VMzqh— Ben Hunt (@EpsilonTheory) February 4, 2022
In the summer of 2008 the #oil price peaked at just under $150 per barrel before the financial crisis sent the price crashing. Back then the DXY was at 73 and the Discount Rate was 6.25%. With the DXY at 95 and the Discount Rate at .25% the next oil price peak may approach $300!
— Peter Schiff (@PeterSchiff) February 4, 2022
This 👇👇👇 https://t.co/eXBKIIuY9R
— Grant Williams (@ttmygh) February 4, 2022