....there's too many disconnect to feel warm and fuzzy about the current bull market
2025 SPX earnings estimates now back to April 2024 level when SPX was just 5,100
https://x.com/MichaelMOTTCM/status/1844160155757453536
....especially when positioning is ultra long
US #equity #future printed an all-time high. Literally, "Everyone is in the boat."
https://x.com/LanceRoberts/status/1843967149846782099
...and with comments like this
Hossein Salami, Commander-in-Chief of the IRGC: “We are ready for a long-term, large-scale war with the United States, and if war breaks out, we will set the entire region ablaze.”
https://x.com/OilHeadlineNews/status/1844134029572046932
Its Over, page-24031
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