When the market gets done celebrating that CPI and Core CPI came in as expected (and in the 3.4%-3.6% range!), do you think they will be sober enough to realize that most of the data on the consumer is bleak? Or, will one or two rate cuts in 4Q 2024 solve everything?

Welcome to the club, Scottie.

There have only been two other times, since 1870, where the CAPE ratio is higher than it is today: the dot-com bubble and the 2021 COVID bubble. Valuations are out-of-whack! multpl.com/shiller-pe $SPY $QQQ #CAPE #CapeRatio

S&P 500's forward price/sales ratio has risen rather sharply and is climbing back towards all-time high reached in 2021

From Bloomberg. Worth keeping an eye on this phenomenon as the currency market pushes the Japanese authorities harder on interest rate normalization. Given Japanese entities’ considerable holdings of foreign securities, this is how what happens in Japan risks not staying in

on a $970 stock price....lol. why even pay it?

Now Bankrupt Blockbuster is moving 👀 Of course it’s incredibly illiquid but interesting

Almost a year into this and it keeps getting worse.

The bond market is broken. oye.

Well, it managed to hit 120° at Harry Reid Airport. #nvwx

he's baaaaack 🦬 Evan Battey is returning to Boulder as an assistant coach #GoBuffs

“Anchorman: The Legend of Ron Burgundy” premieres 20 years ago today. “I love playing earnest characters,” Will Ferrell said. “But playing ‘super-sleazy’ is the most fun for me because it’s the furthest from who I am — and that’s why any of us do this.” “Jazz flute” scene:

Hearing of a huge jewelry heist at Hyde Park Jewelers in Denver. Like the stuff movies are made of. Any truth to it? Cannot find anything on X

A reminder that the next fed meeting is over 45 days away.

I'd hate to be short gamma today

yikes...

Overtime at FOLSOM! GO BUFFS

Travis Hunter really did the Kai Cenat Celly after their win vs Baylor Barstool Colorado

Travis Hunter for Heisman

LaJohntay X Titanic