Wow! 😢

*POWELL: SHIFTING BALANCE OF RISKS MAY WARRANT ADJUSTING POLICY September rate cut is a done deal.

If you missed Powell’s speech, that’s okay. He basically said nothing stops this train.

Policy mistake incoming….

Gold 2x the S&P 500's return over the past 25 years

Incredible! This man is built different.

Slippery slope for the Fed….

A million seconds ago was October 11th A billion seconds ago was 1993 A trillion seconds ago was 30,000 B.C. The US national debt is now rising by $1 Trillion every ~180 days.

Friendly Reminder: If your income has not risen by at least 26% since Covid hit, you are now poorer. And that is using the government’s own data. The real number is likely 40% plus.

I’m sorry, but this is ridiculous. How about we fix the money first. End the inflation.

The energy sector represents just 2.6% of the S&P 500, down sharply from over 15% in 2008.

I love my Chiefs, but I’m really rooting for this guy! 💪🏼🏈

Nvidia is now valued at nearly three times the entire energy sector. Almost three times. And no, it doesn’t generate more profit than energy companies in the S&P 500. In fact, the combined free cash flow of this sector over the last year is about 20% higher than Nvidia’s.

“One of the more straightforward ways to show debasement is via the price of Campbell’s tomato soup. Rather than relying on a complex set of estimates and substitutions, it’s just a history record of what the same can of soup cost over time.”

To summarize the Fed meeting today… None of us own enough hard assets, in my view.

Super cool!

Eagles at Loess Bluffs National Wildlife Refuge (Squaw Creek) Mound City, MO🦅🇺🇸

Whew US 30-year yield. You're not getting a cheaper mortgage

Incredible timing #Genie3