SP500 (SP500)

[gdl]

Jobless claims hit a record not seen in SIXTY YEARS?
Wait till the CPI comes out. BUT yields on bonds have not budged?

Street refuses to SEE what is in front of them. The cumulative affect will cause a crash of historic proportions. Lets face it the world is in trouble on labor front. FOUR MILLION Americans quit last month? This while 11 Million job openings are not being filled?

INSANE analytical evaluation by the extremely biased self promoting Analysts whose job it is to get people to invest. Does anyone ask a Car Salesman if their car is the best? heck we had 5 years of Trumpism and it is THRIVING!

As a species we are determined to destroy ourselves and so far managed to avoid extinction. Does anyone look at hard statistical valuations? Actual charts showing the hyperbolic trajectory, the valuations never seen before? You would think the street and the clever analysts would be able to see the massive cliff in front of them. NOPE!

I rant here because it is so easy to understand the irrational mind when it is repetitive. Holiday season will NEVER EVER be a dramatic disappointment.

My ONLY question is WHEN! When will the cumulative data take hold with an AH HA moment? Four more months of record breaking train wrecks? Stay tuned!