Jan. 1 at 11:14 PM
$SPY $JPM $TOL $KBH
You tell me if wages are keeping up with anything, much less homes.
Yes, a debt ridden crisis is brewing.
For those that don’t know, we’re in a stagflation period.
What I see coming is material/energy costs reaccelerating and sending inflation levels well back above 5+%.
Especially if the FED starts cutting rates more aggressively in 2026 after JP is done.
Oil will tell use when the cycle is almost over.
Once oil makes its run to
$100+ watch for things to completely break.
Deflation will follow.
The problem with deflation, yes, stock market will have collapsed, along with business/individual bankruptcies, home equity gets slashed and trillions of net worth vanishes.
Unemployment will reach 10% reported and 20% of Americans will be underemployed.
Thats business owners and subcontractors.
Everyone can say I’m wrong, but I won’t be.
Prepare yourselves.
Don’t be a Koolaid drinker. 👍
