“Most of us ‘old timers’ view the stock market somewhat like a living organism that operates within its own realm, just as we do ourselves. The stock market has all the information and then digests it on a daily basis. As such, the stock market seems to inhale and exhale, so to speak. If inhaling is what occurs during market advances and exhaling is what happens on market contractions, then it appears the market is about to exhale.” Garrett Jones, Observations, 20th June 2024
“In our view, it is important not to miss the forest from the trees – the US government has begun Cold War 2.0 (which it views as existential) with a fiscal position that resembles the USSR at the END of Cold War 1.0 (debt service to defense budget). Luke Gromen, FFTT Rings, 14th June 2024
“Various studies have shown that since 2019 fast food prices – a gold standard in financial markets for measuring true inflation – have outpaced official CPI by between 25% and 50%.” Brownstone Institute, 26th June 2024
“We are getting close to the precipice, to the abyss; the US and NATO are in an endless proxy war in Ukraine they cannot afford to lose and will not let Russia win…I cannot say a third world war, but that big confrontation, how far are we. I believe that we are not far away from it, not more than three or four months, and there is a danger to happen even before that.” Aleksandr Vucic, President of Serbia, June 2024