Many investors/people believe that massive debt accumulation is an option and that it can be reversed.
The uncomfortable truth is that this would require a severe downgrade of global living standards and prosperity. It would also require a very long-term view from policymakers.
It just isn't going to happen. Debt will not be repaid; it will just be rolled over. Debt ratios will not come down, only increase.
The key question you now have to answer is what this will mean for your financial situation, your hard-earned wealth, and your purchasing power.
Once you get that right, you will know how to navigate in a world full of debt.
Kraft Heinz CEO says lower-income Americans are totally running out of cash by month's end. They're dipping into savings just to get by. 💸 So tough out there.
Electricity prices just shot up 243% in New England as a brutal heat wave hits the US grid right before July 4🔥
The central and eastern US is heading toward 105°F, and the power market feels it.
Thursday wholesale price jumps:
New England: +243%
NYC: +101%
Midwest: +5
Check this out.
Just dropped 1-minute Periscope data.
It shows market makers' long & short gamma positions on SPX every minute.
Total game changer.
Take a look: https://t.co/16PbojFtke
US job openings are rebounding:
US job openings jumped +9,000 in May, to 7.6 million, the highest since May 2024.
This follows a +698,000 surge in April, the biggest monthly addition since September 2022.
At the same time, total private job openings rose +2,000, to 6.8
$RIVN just reported 12.2K deliveries in Q2, way above the 10.6K analysts expected. They also bumped up their 2026 delivery forecast from 62-67K to 65-70K. Stock up 6% in pre-market 💪