Audit the Receipts

But you just explained what causes demand-pull inflation. Oil supply cannot increase without price elasticity (prices going up). Producers are not going to drill more and bring more rigs online if prices are imploding and falling below break even prices, rig counts will drop because the cost to produce outweighs the final product.

@receiptaudit @CyclesFan You’re only looking at demand for #oil. The issue w/ supply and demand isn’t that demand is falling off a cliff (oil demand is at all-time high). It’s that demand growth is slowing, while total supply is increasing. Tiny imbalances to s/d can cause much lower (and higher) prices.

$WTI - Crude oil made an intermediate term low in September and rallied to 77.93 but was smacked down quickly back to around 67. There's no catalyst to break the major support at 64 at the moment, so it's going nowhere, but it will eventually break 64 and head much lower.

@SantiagoAuFund Being retarded with zero risk analysis pays big if you haven’t noticed over the last few years.

Remember, if you don’t have all your assets in one position, and if that one position is not the chosen asset of someone else on Twitter, you are an idiot.

@StealthQE4 Deflation is a central planners worst nightmare - it reveals the nightmare of the MMT fallacy.

Unpopular opinion: Inflation and a rising stock market is worse than deflation and a falling stock market. Inflation is the worst tax imaginable

@MPelletierCIO Tom Lee even agrees. x.com/fundstrat/stat…

Scary times. Scary times.

@realchasegeiser @StealthQE4

Insane.

Why did Hunter's pardon date back to 2014? That's pretty specific. Let's see, what happened in 2014? Anyone? Anyone??

@leadlagreport I hope you get bullish someday so this market can finally take a breather.

@great_martis Stonks love it.

Translation: Inflation has broken out.

@conksresearch What about a Powell call. The opposite of the Greenspan put, specifically designed for Trump.

a Fed cut = bullish a Fed pause = bullish a Fed hike = also bullish hope that helps

@DonMiami3 Who really needs to work anymore when a tiny portfolio of stonks and crypto can earn you more than most 9-5 jobs?

Awful time to be a job seeker.

@dampedspring This is on the same level as Krugman calling inflation elevated. You know the Fed will be on an extended pause after December just as Trump enters office.

When the biggest dove and most devout democrat is a data dependent coin toss for December you know things have changed. (Probably just politics tho)

@Mr_Derivatives Stonks going down have been permanently banned 🚀

$META be like yo give me my 30 Forward P/E like the other mega caps. Unstoppable. $650 on deck?

@HenrikZeberg 2025-26 is going to be the greatest bull market the world has ever witnessed.

Checking in on #JasmyFather 😉 More to come. Enjoy the ride!

@SteveSaretsky $TSX loving this imploding economy.

Vibecession continues with Canada’s unemployment rate jumping to its highest levels in 8 years outside of the pandemic. Bank of Canada on deck next week. Jumbo cut, loonie smashed.

@mortimer_1 21 year low and that’s even before the upcoming panic jumbo rate cuts into sticky inflation.

If you needed any indication on the different directions the US and Canadian economies were going… 🤷‍♂️ But don’t worry, that GST holiday will save us in Canada 🤦‍♂️

@BenRabidoux @dima_nomad Canadian stonk markets loves soaring unemployment.

There were 1.5 million unemployed Canadians in November, up 87k m/m and up 276k y/y. Highest number of unemployed workers since mid-2021 when we still had COVID lockdowns. Unemployment rate rose to 6.8% Ignore the headlines, this jobs report is weak AF

@HenrikZeberg So when we keep rallying through 2025 and there is no crash, you will blame the data for not fitting your narrative correct?

Let me be clear... The NFP numbers are BS! The economy is deteriorating - and fast. Household survey suggests 1.3M jobs LOST YoY.

@DonMiami3 @MacroEdgeRes @MacroEdgeVision @RESightsbyME The Canadian stonk market loves skyrocketing unemployment. Daily ATHs for months now.

US unemployment ticked up slightly to 4.2% - so/so - Canada facing its most severe labor crisis since the GFC with unemployment soaring to 6.8% #MacroEdge

@JimJame74888138 You still going full port TDS gay ber on Jan 20th?