S&P 500 price-to-book ratio at record highs, surpassing dot-com levels.
Richmond Fed Manufacturing index dropped to -20 points in July, the second-lowest since the 2020 pandemic. 19th consecutive negative reading. I am sure it will be fine
$SPY $QQQ $TQQQ $SQQQ.
The 5 largest stocks in the US are now 4.9x larger than all small-cap stocks COMBINED, a new all-time high.
Since 2019, this ratio has TRIPLED, driven by an unprecedented surge in tech stocks.
During this time, Nvidia, $NVDA, Microsoft, $MSFT, Apple, $AAPL, Amazon, $AMZN, and Meta, $META, have skyrocketed 5,109%, 435%, 463%, 203%, and 440%, respectively
Lake Powell is less than 1/3 full. Tell A.I to fix that!
Macro view and potential fix
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