AND economy and especially jobs now slowing despite SPY rising 78% in 3 years!

Idiocracy NOT conspiracy! For me I would love conspiracy, idiocracy is the worst of all worlds.

BUT conspiracy sells and idiocracy doesn’t.

We live in the age of Central Bankers and idiots. They hoped everything would work out for example 2024 and 2025.

AN ominous conclusion is the only conclusion. Because JP is now realizing that SPY rising at such a clip IS NOT SUSTAINABLE. If SPY slows down, economy will be in huge trouble. I think in August the idiot central bankers have slowly woken up to this fact. Hence, the talk of everything being OK while at the same time they know it’s worsening.

They are stuck between a massive stock bubble and a failing economy.

Unfortunately for them, there is now no way out. They have to pause rates in Dec. No drop in Jan.