/r/the_everything_bubble
Stocks routed by US recession risk, bonds bet on rapid rate cuts (So many things are backwards on the other side of the world, they drive in the wrong lanes, and green is to what red is in our stock market. Anyway this may be the big one. Remember the peak to trough with Dot-com took 2 yrs.)
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Tropical Storm Debby strengthens, expected to hit Florida as Category 1 hurricane: The latest (The nail in the coffin for FL RE and a huge market crash tomorrow? We shall all soon see.)
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Carvana Earnings Surge As Used-Car Sales Accelerate, Key Metrics Improve (People are always looking at AI, however this sorry used car company has gone up 36 X in 1.5 yrs from the low. Pretty insane. This company mainly has debt and made a "profit" for the first time. PE is too high for used cars.)
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The S&P 500 fell 1.4% today, its 10th daily decline >1% 2024. History of large down days since 1928 - statistically there is more to come
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Jim Cramer says market bottom near (Confirmed that the stock market bottom was not yesterday! LOL. Again it takes a couple years to bottom. You can still make money. I just play around with $10 k a yr and lose it every single yr. It's in my budget to trade for fun and see what is going on really.)
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Not long after Trump’s comments at the NABJ conference, the racism has been doubled down. (Jesus man. SMH.)
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