GreatNape retweeted
JUST IN: Leopold Aschenbrenners Fund (Situational Awareness) has reportedly officially blown up…
These are the current (now liquidated) holdings:
- $MU bought at $1,153, now $703, (-39%)
- $CORZ bought at $25.6, now $11.1, (-56%)
- $SNDK bought at $2,268, now $874, (-61%)
- $NBIS bought at $273, now $121, (-55%)
- $CRWV bought at $99, now $42, (-57%)
- $BE bought at $301, now $165, (-45%)
Use him as a lesson why you NEVER over-leverage into high risk positions.
That concludes an end of an era…
GreatNape retweeted
The S&P 500 is 0.7% below a record high, yet 430 of those stocks are 21.7% below their highs. That means on average 86% of the stocks are in a bear market. Breadth has only been this bad twice, in January 1973 and in 1999/2000. On both occasions, the S&P then crashed nearly 50%
GreatNape retweeted
Unbelievable.
3 hours later and the 10Y Note Yield is now above 5.20% for the first time in 19 years.
The 10Y Note Yield is now up +50 basis points in 30 days and +30 basis points in 2 days.
Even more remarkable is that the average American has no idea this is happening. Yet.
The bond market is imploding in front of our eyes.
GreatNape retweeted
The US 10Y Note Yield is now moving in a literal straight-line higher, up to 5.13%.
This is no longer an issue that we have months or years to address.
This is unsustainable.
GreatNape retweeted
Absolutely insane stat: 15 U.S. colleges now cost more than $100,000 per year.
That’s $400,000+ for a four-year degree.
Students are not getting anywhere near $400,000 worth of value from these schools.
Higher education is the most overpriced product in America.
GreatNape retweeted
WOW. Minnesota's spending on Autism Care went from $1 million in 2017 to $343 million in 2024 under Tim Walz’s watch.
That's a 34,200% increase.
This level of fraud is unbelievable.
GreatNape retweeted
Here are the top 10 stock traders in Congress
This is how much each Rep has made in just ONE YEAR
- Nancy Pelosi (Democrat from California): 12 trades, $27 million
- Senator Richard Blumenthal (Democrat from Connecticut): 406 trades, $80 million
- Representative Gil Cisneros (Democrat from California): 527 stock trades, almost $18 million)
- Representative Cleo Fields (Democrat from Louisiana): 185 stock trades, $20 million
- Senator Dave McCormick (Republican from Pennsylvania): 200 trades, about $29 million
- Representative Darrell Issa (Republican from California): 1 trade, worth $30 million
- Representative Jefferson Shreve (Republican from Indiana): 617 trades, worth $30 million
- Representative Josh Gottheimer (Democrat from New Jersey): 420 trades, $45 million
- Representative Ro Khanna (Democrat from California): 3,923 trades, worth $56 million
- Representative Michael McCaul (Republican from Texas): 1,029 trades, worth $75.52 million
Oversight Committee Releases Report on the Biden Autopen Presidency via @gopoversight oversight.house.gov/release/…
GreatNape retweeted
This is wild:
ALL net wealth in the US stock market since 1926 has been generated by just 3.44% of companies.
To put this differently, ~97% of all stocks have barely contributed to long-term shareholder wealth creation.
The top 1.88% of companies reflect 90% of total gains.
Interestingly, just 0.26% of firms have created HALF of all wealth.
This highlights the extreme concentration of stock market returns in top-performing companies.
Market wealth is heavily skewed toward a very small minority of companies.
GreatNape retweeted
Since 1990, the S&P 500 is up 9.8% on average per year.
That drops to negative 12.5% if you miss the 10 best days of the yr.
The best days of the year tend to happen in clusters around the worst days, so if you are scared of big down days and sell, you'll miss the best days.
GreatNape retweeted
Vanguard forecasts US stocks to return 3.9% annually over the next decade.
Large-cap growth: 0.6%
GreatNape retweeted
Brackets, Tax Rates, Deductions, Exemptions, Contribution Limits and more. Your Tax Reference Guide for 2025 in one chart...
creativeplanning.com/charlie…
GreatNape retweeted
Over 11% of credit card balances in the US are now 90+ days delinquent, the highest since 2012.
bilello.blog/newsletter
GreatNape retweeted
3/3 👇 Read our full write-up below, which is available to the public
Become a QuickTakes paid member today to receive daily, concise analyses of the key variables driving the global economy and financial markets. See our pinned tweet for a free month.
yardeniquicktakes.com/3-annu…
GreatNape retweeted
The median household income necessary to purchase the median home for sale in the US ($120k) is over 40% higher than the current median household income ($85k). The most unaffordable housing market in history continues.
Video: youtube.com/watch?v=9MUdukEZ…
GreatNape retweeted
You can't make this up:
Total US debt has jumped by $473 BILLION over the last 3 weeks alone, to a record $35.8 trillion.
This means the US has taken on $1,450 of debt for EVERY American over the last 3 weeks alone.
It also means that the US now holds a record $103,700 of debt for every American.
In 2024, the US paid a total of $1.16 trillion of interest on this debt in its first year above the $1 trillion mark.
In interest alone, the US paid $3,360 for every American during fiscal year 2024.
What is the long-term plan here?
GreatNape retweeted
This is becoming unsustainable.
Average US family health insurance premium...
1999: $6k
2002:$8k
2005: $11k
2008: $13k
2011: $15k
2014: $17k
2017: $19k
2020: $21k
2023: $24k
That's a 314% increase since 1999 (6.1% per year).
(Note: US CPI inflation has increased 2.5%/year)
Video: youtube.com/watch?v=aajBm1Gx…
GreatNape retweeted
BREAKING: A record 87% of Americans now believe it is a bad time to buy a home, more than DOUBLE the 2008 peak.
At the peak of the 2008 Financial Crisis, just 40% of Americans said it was a bad time to buy a home, according to Reventure.
In fact, even when mortgage rates hit a whopping 18% in the 1980s, sentiment was not as bad as it is now.
In the 1980s, this metric peaked at 79%, 8 percentage points BELOW current levels.
This is by far the most pessimistic housing market sentiment in history.
How is this a "soft landing?"
