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You can’t measure a collapse if they fire the people who measured it…
This!
Chief
Depends what you mean by real time since we can only really tell ex post facto, and the current administration seems pretty intent on obscuring the fact part of that phrase.
Chief
Trump is speed running a collapse.
I sell things on eBay, Amazon and Shopify. The sales were pretty consistent until the middle of last month. All of a sudden, they’ve slowed down dramatically. A supplier I buy from is having their biggest sale ever. What I sell is not essential, so it seems that people are cutting back.
Funny enough, americans at record pace of generating new millionaires this year
Likely due to stock market valuations (and housing), which, as others have pointed out, doesn’t perfectly match the economic reality (or, at best, it is a lagging indicator as it takes time for market to absorb bad news…this is why crashes occur. Folks only find out it has hit the fan after the fact and sell off just then). We may find record numbers of folks losing their millionaire status soon enough (hopefully not!)
My personal brokerage portfolio calls BS.
My taxable brokerage portfolio is up 17% YTD and up over 6% in the past 2 weeks alone.
The stock market is not the economy.
If you drop the mic, it makes noises. If someone drops the economy, it should be easily to hear the noise, no?
Yeah it’s middling because of the disarray we are in. Imagine what it could have been if we had just operated with a laissez faire approach from the baseline of last year.
My accounts are all massively up, so whatever he is doing, its working
Where have you been the last 12 mos?