1. Stocks: all-time highs 2. Home Prices: all-time highs 3. Bitcoin: all-time highs 4. National Debt: all-time highs 5. Core CPI Inflation: >3% for 43 straight months, longest run of high inflation since early 1990s 6. Fed: cutting rates again next week youtube.com/watch?v=MC5Aei…
@charliebilello Meanwhile permabears still drawing lines on charts and positioning for a crash.
@charliebilello Unfortunately...interest rates only come down for people who don't actually need to borrow money to survive... bankrate.com/credit-cards/a…
@charliebilello Global M2 is actually going down though
@charliebilello "Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair." - Sam Ewing
@charliebilello Sorry to correct: all points 1-5 are inflation, not just CPI. We’re inflating our economy and counting everything a sign of prosperity except CPI. After 49 years of excessive fiscal-monetary stimulus inflation is everywhere. Welcome to our Wealth Illusion
@charliebilello Everything is right, everything is good, one stock will replace the whole US economy
@charliebilello Inflation also picking back up (after never even reaching their stupid 2% target). They should have never cut in the first place. But the rich gotta get richer somehow.
@charliebilello I’m thinking he shouldn’t cut rates.
@charliebilello A bubble or not a bubble, that's the question.
@charliebilello threading needles abounds, rational exuberance everywhere, everyone long, everyone expecting gains, Barron’s calling for 20% in 2025, leverage spread throughout, all metrics stretched …. Fun times
@charliebilello Jobs numbers are obviously WAY worse than we have been told by the government over the past year and the Fed knows it, that’s the only way I think he feels justified cutting here.
@charliebilello This ain't gonna end well. At least a 15-20% decline in the indices across the US nex 4 weeks ...
@charliebilello I'm sure they will change their mind when Trump gets in office.
@charliebilello Fed is a criminal organization who benefits the rich. They don't care about anything else. They can't defend their actions anymore...
@charliebilello One stock adding a quarter of a trillion in 1 day .... Not enough for the Fed I guess
@charliebilello @biancoresearch Jerome Powell will go down in history with the likes of Arthur Burns, as you can't stop inflation without economic pain. It's the way it's always been
@charliebilello Alan Greenspan has to be grateful.
@charliebilello Congress should reduce funding to #FedReserve as a way of cutting spending
@charliebilello 7. Aliens invasion not priced in.
@charliebilello 5 striper on that left epaulet ...inflation.
@charliebilello Agree Fed is landing :) cut rate on 18.Dec.2024
@charliebilello Haven’t the majority of rate cuts occured at or near all-time highs? That would be perfectly inline with historical norms $TLT $SPY
@charliebilello *melt up” happening: prices up, purchasing power down. System unwinding.
@charliebilello If assets were lower in price idiots here would blame Powell. If rates were higher idiots here would blame Powell. Yet here we are, investors have never had it better but idiots here don’t want to credit Powell for navigating it. Can’t win
@charliebilello I can tell there's a lot of saltiness for all the boomers that sold their stocks when rates hiked and missed out on one of the greatest rallies of all time. Obviously rate hikes were bad for stocks and rate cuts must be good so enjoy buying from here.
@charliebilello Is everything at an All-Time High because it’s measured in deflated US Dollars? What if it they were measured in Bitcoin?
@charliebilello Which one of those is not like the other? Or Which is the cause and which theveffect?
@charliebilello Fed will cut rates next week but market may not like the guidance on the future cuts!