DataFox

The Nasdaq $NDX breakout began today. The speed of this rally is absolutely insane, likely getting us back to the trendline by next week. The question is what happens when we get there? The 25 year parabolic is curling backward in time.

Google just reported $62.6 BILLION in quarterly profit… but HALF came from a $37.7B 'paper gain' on private investments in companies like SpaceX and Anthropic. The reason their VC funding team is top-tier

The Fed expanded the money supply by nearly $9 trillion under Powell. Inflation has averaged >4% per year over the past 6 years. Powell's explanation? It was nearly all due to rolling “supply shocks" over which the Fed has no control. The truth: this inflation was made in Washington as it always is - from too much government borrowing/spending and too much government creation of money.

Today, I released a report showing that Biden health officials knew that safety signals for COVID-19 injection injuries were being hidden by their VAERS analytic algorithm. They were shown an updated algorithm that signaled serious adverse events, but they refused to use it. Their cover-up jeopardized the health of millions of Americans. Read my interim report and see the records here:

Paul Tudor Jones says the US is more dependent on equity prices than ever, and explains what a 35% correction would trigger in the economy: "We're 252% of stock market cap to GDP. In 1929 we were 65%. In 1987 we got to ~85-90%. In 2000, 170%. If you think about the periodicity of significant bear markets. Since 1970, we get a mean reversion about every 10 years. Let's say mean revert to the past 25 or 30-year PE. That would be a 30, 35% decline. Well, 35% on 250% of GDP is 80, 90% of GDP. 10% of our tax revenues are capital gains, they go to zero. So you can see the budget deficit blowing up. You can see the bond market getting smoked. You can see this kind of negative self-reinforcing effect. In the stock market, we're over-equitized as a country. We have the highest individual equity weightings in the history of the country. And then the real problem is if you look at private equity in 2007-2008, that was about 7% of institutional portfolios. Now it's about 16% of the institutional portfolios. We're so much more illiquid than we were in 2008. The problem is that if you buy the S&P at this current valuation, the 10-year forward return is negative when you buy the S&P with a PE of 22. That's what history shows. So yes, the S&P is spectacular long-term, if you have a hundred-year view. But that's because that's an average of a hundred years, including times when the S&P 500 PE was 6, 7 and 8, or one third of what it is right now. Valuation matters a lot, and the stock market's really high and it's gonna be really hard to make money from here with any kind of long-term view."

Every new car in the U.S. will be required by law to have tech that puts constant surveillance on the driver by 2027. AI in your car will determine if you're sober and fit to drive, automatically turning off the vehicle if it determines you're a danger on the road.

A prolonged war with Iran does appear to be the goal here for many reasons. 1) We're breaking apart the global supply chains into multiple isolated trade blocks. Asia, Europe and the Americas. By destroying Europe through energy shortages it gives rise to Israel as the regional power. 2) We're seeing vast youth unemployment due to many factors like automation and AI. What do you do with so many unemployed? Send them to war. 3) We're at the top of the largest housing, stock market and private credit bubbles of all time. 2008 was just housing, 2001 was stocks. Today it's everything, just like 1929. 4) They need to fundamentally change the economic system so it is designed to function with AI. That's what Technocracy is all about. It will also involve merging the Treasury and Federal Reserve. 5) The interest payments on government debt is now unsustainable. They need to get the Treasuries out of circulation through some kind-of engineered global sovereign debt crisis. 6) The era of cheap debt is over. Now rates move upward in waves in this new 40 year cycle. 7) The global economy is at the end of a 100 year cycle. That's typically when large economic resets occur. 8) Institutional collapse is part of the plan to concentrate power among the Tech titans instead of the bankers. That's Technocracy. 9) Global energy and food shortages are the perfect way to introduce a CBDC, through lockdowns and rationing. 10) This is the last war that can be fought with humans. All future wars will be robots and AI, making them pointless. If we are entering a 100 year mini ice age, war is the perfect way to eliminate some of the global population and get people used to centrally controlled supply chains.