This is such a bizarre, and at the same time, obvious chart. If you think money printing is an issue in the United States, have a look at China. Its money supply, measured in dollars, is more than twice that of the United States. The implications are as straightforward as

While there is no housing crash, there is definitely a very slow housing correction in progress.

The Buffett indicator shows the secular shift between over priced growth und underpriced real assets. Prior dates were 1970 and 2000. Both times Gold went on a 10 year run.

Unless the US and Iran do somehow cut a deal this weekend, these won't age well. ;-{)}

The silver market has run a deficit for 6 straight years 762 million ounces consumed above what mines produced. No other metal on earth has run a supply deficit this long without a major price repricing

The S&P 500's CAPE Ratio has moved up to 40, its highest level since 2000 and now above 99% of historical valuations. $SPX

Oil - A very obvious falling wedge. If it breaks to the upside, we could move way past $100 very quickly 👇

Why is Oil muted? Some manipulation? Sure. But it also may be in parallel pricing Hormuz shortages and significant demand destruction from economic hit ahead. At the same time stocks naively think that muted Oil means situation has been resolved as often advertised by lies.

Interesting chart

The Arab oil embargo of 1973 was basically the stagflation starter pack. - Oil did a 4× - US GDP rolled over ~2.5% - stock market crashed ~fifty percent - Inflation went from ~7% to ~12% That was "just" 600 million barrels missing from global supply Now look at Hormuz: even in

U.S. Asset Managers seeing red: Ares Management $ARES -5.4% Apollo Global $APO -3.8% Carlyle Group $CG -3.9% Blue Owl $OWL -4.4%

Equal 25% allocations to stocks, bonds, cash, and commodities — is delivering its best year since 1933, up 26% year-to-date in its third-largest outperformance versus the 60/40 allocation in a century, according to Bank of America strategists.

10/11 sectors in the red, Semis carrying market on its back today.

Once the Strait of Hormuz reopens it could take: > 3 months to get back to 70% of lost production > 6 months to get back to 88% of lost production > further recovery could take much longer This is because: > regional energy infrastructure damage > 130M barrels of tanker

Reagan in 80, Bill Clinton in 92 and Trump in 24. The incumbents that lost were thrown out because of the economic outlook of Joe six pack. Midterms will not be pretty. Regan lost seats in the house in his first term because economy was still struggling. On the margin that’s

China is always a silver exporter. They banned silver exporting January 1, 2026. They imported record amount silver January, February and March. China dominated world's 70% silver refining. China restricted exporting sulphuric acid and nitric acid which are required for

It’s wild to see markets still pricing in zero Fed rate cuts with this economic index at its worst level in nearly 70 years. I believe we’ll see meaningful cuts over the next two years. Counterintuitively, the war only strengthens the case for lower rates. Military spending

WHAT IF the biggest bubble of our lifetime isn't crypto? Not AI stocks. Not real estate. What if it's the one asset every pension fund, every retiree, every "safe" portfolio is loaded with? Bonds. 200 years of rate cycles say the same thing: Every peak lasts 56–67 years. The

Agricultural commodities are now breaking out decisively from nearly 20-year resistance. Just as expected: When energy moves, food prices tend to follow. This is deeply concerning for society, yet it aligns with the broader macro trend. People will point to isolated

How the Canada Strong fund will work.