The worldwide clown show, of irrational exuberance, is hitting peaks.
Layoffs being announced for FedEx and UPS over the past few months, along with reduced dry shipping volumes, are signs the consumer economy is slowing.
Yet, if you believe the new BLS, unemployment is at record lows this week.
The indices are heavily overweighted with AI company bloat and promises, while data center plans are being delayed or cancelled.
Smells like 2000 tech crash again, not to mention compounded with essence of the hiding games that drove 2008 crash.