Reuben D. Allen

Human | Husband | Father
Real Estate | Golf | Mustangs | Music | There is no Spoon🥄
CalBRE#01931560
✌🏽❤✊🏽🤘🏽

[Reuben D. Allen @RoobD73]

@sahouraxo 😢😢🙏🏾

[Reuben D. Allen @RoobD73]

@sahouraxo 😮‍💨😢😮‍💨😢

[Reuben D. Allen @RoobD73]

Well, Well, Well....

[Barchart @Barchart]

Stock Market closes the day with the most amount of Fear since Thanksgiving 👻😱🫂

[Matt Giannino @MarketMovesMatt]

The recession indicator nobody's watching just collapsed 32%.

Heavy Truck Sales.

When companies stop buying $150K trucks, they know something you don't.

Here is the rule:

Truck sales rising → Businesses expanding, economy strong
Truck sales flat 3+ months → Warning, growth slowing
Truck sales crashing 20%+ → Recession already here

Heavy truck sales just dropped 32% year-over-year—steepest decline since 2009.

2008: Truck sales crashed 40% → Great Recession
2020: Truck sales crashed 35% → COVID recession
2024: Truck sales down 32% → ???

Trucking companies aren't buying because freight demand is dying.
Freight demand is dead because consumers stopped spending.
Consumers stopped spending because they're broke.

This isn't a leading indicator.
This is a confirmation.

The recession isn't coming.
It's already here.

Watch truck sales.
Ignore the GDP "growth" numbers.

[PGA TOUR @PGATOUR]

Par-4 birdie in 28 seconds?!

Absolute chaos at the Optum @GolfChannel Games!

📺 Golf Channel / USA Network

[Rep. Anna Paulina Luna @RepLuna]

This is statistically impossible unless you are receiving insider info.

[The Kobeissi Letter @KobeissiLetter]

We are seeing MASSIVE swings in markets right now:

Between 11:55 AM ET and 12:25 PM ET, the S&P 500 erased -$450 billion in market cap.

23 minutes later and $320 billion in market cap has been added back.

That's a $720 BILLION swing in market cap in under 1 hour.

Capitalize on volatility.

[Reuben D. Allen @RoobD73]

it's Baby💯✌🏽

[CeCe @cecegkh]

We've always known that Generation X is a unique breed. Listen to this guy explain it perfectly—it all makes complete sense.

We now live in a world that feels completely foreign compared to the way we were raised.

[Reuben D. Allen @RoobD73]

Is the stock market in trouble 🤔

[Shanaka Anslem Perera ⚡ @shanaka86]

MICHAEL BURRY JUST WALKED AWAY FROM WALL STREET

Not because he was wrong.

Because being right no longer matters.

His final investor letter contained one sentence that should terrify every fund manager, central banker, and policymaker on Earth:

“My estimation of value in securities is not now, and has not been for some time, in sync with the markets.”

This is not a crash prediction.

This is a death certificate.

THE NUMBERS NOBODY WILL TELL YOU

Passive index funds now control 52% of all U.S. fund assets. Fifteen point four trillion dollars. BlackRock, Vanguard, and State Street collectively manage twenty five trillion. They own dominant stakes in virtually every public company in America.

They analyze nothing.

Every dollar flowing into an S&P 500 ETF automatically allocates thirty five cents to seven stocks. Not because someone studied the balance sheets. Because that is their index weight. The algorithm cannot read an earnings report. The algorithm cannot process overvaluation. The algorithm simply replicates.

THE DEATH SPIRAL

Passive buying increases prices. Higher prices increase index weights. Higher weights attract more passive buying. The feedback loop operates completely independent of whether any business is worth what the market claims.

The marginal buyer of American equities is no longer an analyst with conviction.

It is a target date fund receiving its biweekly paycheck allocation.

This buyer has no opinion.

This buyer will never sell.

THE CONSEQUENCE

Price discovery, the mechanism that has allocated capital for two centuries, has been structurally disabled.

The most successful short seller in modern history looked at these numbers and concluded that fundamental analysis no longer converts to returns.

He did not predict collapse.

He diagnosed something worse.

The market still exists.

The market no longer thinks.​​​​​​​​​​​​​​​​

Read the full story here 👇

https://t.co/ubcya24WC8

[The Kobeissi Letter @KobeissiLetter]

Shocking stat of the day:

Interest costs on US debt are now equal to 24 cents of every $1 in government tax revenue.

The interest expense as % of collected taxes has nearly DOUBLED over the last 4 years.

This comes as interest expenditures reached $1.24 trillion over the last 12 months, an all-time high.

October alone saw a record $104.4 billion in gross interest, the highest for that month in history.

Interest expense is now the 2nd-largest government outlay, exceeding defense and healthcare spending, and only behind Social Security at ~$1.60 trillion.

The government needs lower interest rates more than anyone.

[Reuben D. Allen @RoobD73]

Full circle🤷🏾���♂️

[Crypto Rover @cryptorover]

Altcoins are now testing a critical support line.

The same level we held above during COVID and the tariff era.

[Reuben D. Allen @RoobD73]

Something is coming to tank the economy 🤔 👀

[Barchart @Barchart]

BREAKING 🚨: Michael Burry

Michael Burry to close down his hedge fund by year end after acknowledging he doesn't understand today's market

[Mohamed A. El-Erian @elerianm]

John Williams, the President of New York Fed:
"I expect GDP growth this year to be between 1-1/4 and 1-1/2 percent.
With this slowdown in growth, I expect the unemployment rate to gradually rise to about 4-1/2 percent next year. And I expect PCE inflation to come in between 3 and 3-1/4 percent this year, before declining to around 2-1/2 percent next year, and reaching 2 percent in 2027."
#economy #centralbanks #federalreserve @NewYorkFed #markets #growth #inflation

[Reuben D. Allen @RoobD73]

@elerianm @GoldmanSachs No thanks

[Reuben D. Allen @RoobD73]

@AMAZlNGNATURE Thanos!

[Reuben D. Allen @RoobD73]

@HalftimeReport @ScottWapnerCNBC @Stephanie_Link @jlebenthal @terranovajoe Ms. Link, with all of the on going legal troubles of WellsFargo how can you feel comfortable having them as your biggest banking investment? 🙏🏽

[Reuben D. Allen @RoobD73]

Just posted a photo @ Thousand Oaks, California https://t.co/nj0yFQfMAo

[Reuben D. Allen @RoobD73]

Just posted a photo @ Oak View, California https://t.co/JlR8YQvNTN

[Reuben D. Allen @RoobD73]

Just posted a photo @ North Ranch https://t.co/MMHxiCaTPC