The Economy 📈

““If you understand what the real cycles are, you don’t have to buy the most expensive home in history right at the top of the market and then moan for 14 years while it goes through the next downturn, like '29 to '42 or '68 to '82,” the author expanded, “or what would have been, without all this $27 trillion stimulus, 2008 to 2022.””

"Dent estimates that a market bottom will hit the U.S. economy in early to mid-2025. | "

Might just be fear mongering, so take it with some huge grains of salt

I dont think the selling pressure when the big storm hits will be as bad as this guy is saying, but a 20-30% pull back seems very possible in the next few years.

JC said this week on MM that he believes the economy is slowing.

He is spending the week diving deep into good Big Pharmaceutical Stocks.

Big Pharma stocks are highly recession resistant, the fact that he warned of slowing economy and is spending so much time on these stocks, makes me much less optimistic about the near future, and much more cautious.

California releases thousands of pedophiles less than year after their convictions, data shows

Not the first time this state has sent wolves back into the flock.

Great for the states budget, terrible for the lives of the most innocent and vulnerable.

JC said today on MM, that this rally may be a really good time to sell into the strength.

I was told by a friend today less than 2 dozen megacap stocks are holding up the indices. When or if they turn south, this may spell bad news for these averages.

Mad Money – 6/17/24 | Audio Only

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https://www.marketwatch.com/story/if-nvidia-stumbles-how-far-will-the-stock-market-fall-714558f8

2 days down 10%, JC still thinks its best in breed.

Not sure how short lived the selling pressure will be, there is a lot of demand hiding on the sidelines. Down 15% or 20% might see some very strong support.

Watch the VIX,
these past few weeks, it has made a series of higher lows, might be due for a pop in the near future.

Invidia found support yesterday down 16% , G.A. on F.M. said yesterday he thinks there may be another leg lower, before the rally in this stock continues.

How to Track Inflation Using the CPI, PCE, and PPI Indexes

The 11 Market Sectors Explained

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Rick Love His Gift From Morty “Story Train”

Couldnt find full clip, but ending is pretty funny:

assassination attempt

What happens when you speak Truth and try to drain the swamp

" “My heart is with the former President, those injured, and the family of the spectator killed in this horrific attack.”

He finished, “We will not tolerate violence of any kind, and violence like this is an attack on our democracy. The Justice Department will bring every available resource to bear to this investigation.”"

&

"There is no place for political violence, including the horrific incident we just witnessed in Pennsylvania.

It is absolutely unacceptable and must be denounced in the strongest terms.

My heart goes out to all the victims and I wish the former President a speedy recovery."

“you spat in the face of…”

Very sad day for law and order

“former Attorney General Bill Barr: “The Democrats have to stop their grossly irresponsible talk about Trump being an existential threat to democracy. He is not.””

Swing district Dem calls out parties’ ‘dangerous lies’: ‘Democracy or authoritarianism’

Lawmaker condemns language painting opponents as ‘fascist’

““We can start by dropping hyperbolic threats about the stakes of this election,” he wrote. “It should not be misleadingly portrayed as a struggle between democracy or authoritarianism or a battle against fascists or socialists bent on destroying America. These are dangerous lies.””

Trump Media shares soar more than 30% after assassination attempt

" * Trump Media shares soared more than 30% Monday, two days after the attempted assassination of former President Donald Trump.

  • Analysts suggested the assassination attempt could make a Trump victory in the November election more likely."