RT Rational Aussie (@rationalaussie)I'll add to this:Most of Gen Z doesn’t give a flying #&$K about a 'recession'.Their entire lives have been a recession - no upwards mobility in their career, very difficult to own shelter, and their own people are being replaced by a government that tells them it's for their own good because 'MuH GDP must go up!'.Somehow I don't think that ends well for the ruling class. ...

America has been in a recession and the ivory towers could care less about anyone but themselves.AI is not going to save you or your family.David Sacks (@DavidSacks):According to today’s WSJ, AI-related investment accounts for half of GDP growth. A reversal would risk recession. We can’t afford to go backwards. ...

The team at Morgan Stanley releasing their outlook for 2026, writing We raise our S&P 500 price target to 7800, driven by strong earnings growth. We believe that we're in the midst of a new bull market and earnings cycle, especially for many of the lagging areas. Michael Asset of Morgan Stanley joins me now.Wonderful to see you, Mike. Thanks, Alison. So let's start on the optimism you have and optimistic for quite a while talking about the rotation into the adopters, not just the tech behemoths.Why are you ...

The S&P 500 is down 4% from the all-time high, yet people are acting like we are in a major recession. ...

🇺🇸 BESSENT: the U.S. economy took an $11B hit from the shutdown but still isn’t at risk of recession. https://t.co/AD7GhjOlYk ...

You said earlier this month, I'm going to quote you. Quote, "I think there are sectors of the economy that are in a recession." Kevin Hasset, director of the National Economic Council, said, quote, "We're starting to see pockets of the economy that look like they might be in a recession." Which parts of the economy do you believe have dipped into a recession. Well, clearly h housing has been struggling and the you know so in interest rate sensitive sectors have have been in a recession and you know the othe ...

Let me ask you big picture, Mr. . Secretary. You said earlier this month, I'm going to quote you.Quote, "I think there are sectors of the economy that are in a recession." Kevin Hasset, director of the National Economic Council, said, quote, "We're starting to see pockets of the economy that look like they might be in a recession." Which parts of the economy do you believe have dipped into a recession. Well, clearly h housing has been struggling and the you know so in interest rate sensitive sectors have ha ...

INCREDIBLE PROGRESS WE UNDERSTAND THERE'S A LOT MORE WORK TO DO AND THE ONLY THING I WOULD ASK OF THE AMERICAN PEOPLE IS A LITTLE BIT OF PATIENCE. >> SCOTT BESSENT, WELCOME BACK TO "MEET THE PRESS". >> THANK YOU FOR HAVING ME.>> I WANT TO START RIGHT THERE ON THE DISCUSSION OF AFFORDABILITY. YOU JUST HEARD VICE PRESIDENT J. D.VANCE ASK PEOPLE TO HAVE, QUOTE, A LITTLE BIT OF PATIENCE WITH THE ADMINISTRATION. LET ME ASK YOU, MR. SECRETARY, HOW LONG DO AMERICANS NEED TO BE PATIENT. HOW LONG DO THEY HAVE TO WAI ...

JUST IN: 🇺🇸 Treasury Secretary Bessent says the entire economy is not at risk of recession. ...

Core Viewpoint - The current U.S. equity market, particularly in tech and AI, is experiencing a dangerous bubble reminiscent of the late 1990s Nasdaq bubble, with high valuations and compelling growth narratives, but the circumstances surrounding this cycle's potential collapse are fundamentally different, which could lead to a more severe economic impact [1][3][4]. Market Valuations - Some U.S. tech companies are trading at over 30 times forward earnings, indicating extremely rich valuations that echo the TMT sector's capital investment frenzy in the 1990s [1]. - The absence of a tightening monetary policy from the Federal Reserve, which typically serves as a catalyst for a bubble's demise, raises concerns about a prolonged market melt-up [4][6]. Economic Vulnerability - The current economic landscape is more vulnerable than during previous bubbles, as the wealth concentration among high earners, who are heavily invested in equities, drives a significant portion of consumer spending [7][8]. - A potential stock market correction of 25% or more could severely impact consumer spending and the overall economy, highlighting the risks associated with the current market dynamics [7][8]. Retail Investor Participation - The widespread participation of retail investors, encouraged to "just buy the dips," poses a risk as this belief in perpetual market growth could lead to significant losses during a market downturn [8]. - The concentration of wealth among high earners, inflated by the stock market, raises concerns about the broader economic implications of a market correction [8]. Historical Context and Predictions - The analyst has a history of bearish predictions, including calls for major market crashes, and emphasizes that the current market conditions are overdue for a correction, given the absence of a recession since 2008 [9][10]. - The long-term risk of inflation in the West, driven by fiscal irresponsibility, could lead to a scenario where central banks resort to quantitative easing, exacerbating economic vulnerabilities [11][13]. Private Equity Concerns - The private equity sector, benefiting from low bond yields and leverage, is seen as highly vulnerable to shifts in the economic environment, with recent bankruptcies indicating deeper systemic issues [15][16]. - The metaphor of "credit cockroaches" suggests that these bankruptcies may signal broader problems within a highly leveraged sector that has significant ties to the real economy [15][16].