I think he has the summer. I think like there's a lot of tailwinds ahead here now. I think like you have oil going lower.

Real wages are decreasing. Like, wage growth is lackluster. I just don't know how you get this pronounced inflationary cycle without wage growth.

the market is fully bought into this idea of Kevin Wolf coming in next week to his first meeting and just being a turbo hawk, and he's going to tamp down inflation. So it feels like that's what gold is reacting here to. But I don't know, I just feel like, I feel like we're stretching the other direction now.

don't touch the hyperscalers, buy the things that the hyperscalers are buying funded by the things that they're selling, which is their debt and their equity.

these incomes, they're accelerating to the downside now. And therefore, to keep up with such an energy shock like we're seeing, they have to tap their savings rates. So you can see personal incomes are trending negative now.

Dude, I'm so long XLE right now.

the big question at hand is whether they'll allow NVIDIA chips to be sold into China. Because if that happens, obviously like the, there's a lot of runway for NVIDIA, which therefore means there's a lot of runway for equity indices because of how much it's benchmarked to it

If you look down at like the mid-caps, the small caps, their earnings are actually looking really good too. So this is the S&P 600. Earnings revisions are heading higher.