NO CONNECTION Whatsoever Between The Economy And Stock Market.
From Greg M
Lions and friends…
Lots of detractors here lately who are using the stock markets performance as a gauge for the economy. As we have covered, THERE IS NO CONNECTION.
Moreover, we have outlined repeatedly how the faster the economy craters, the HIGHER the stock market will go- UNTIL IT DOESNT! And with the current EXTREME RISK market environment, we cannot let our guard down.
GM
Well, stocks, like real estate, are going up.. because the dollar's purchasing power is collapsing past 13 years.. stocks and real estate are just tracking the devaluation due to Fed printing and diluting the value of every dollar in circulation with each print. Wages, however (real economy) has NOT tracked the devaluation. Those in workforce now get poorer every year on a salary. This is a paradigm shift: no longer is having a "good job" a plan for stability and security. Each year since 2020, a worker has lost 20% of their purchasing power in real terms. Each year.. and it compounds. This punishes anyone in workforce (younger generations) and blows up those retired or with massive amounts of assets. Somewhere after 2010, the Fed decided that anyone having a job would become working poor
Donald Trump Rages Over Court Composites, Suggests Artist May Be Bias Against Him
https://www.youtube.com/watch?v=6ylwEe7vd9Q
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