Paid-millions-for-great-advice Michael Wilson top-ticked the market to the MILLISECOND yesterday morning (the chart time is PST, the post time is EST). Thank you, Mike! Thank you, Morgan Stanley!

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There is an increasingly large amount of digital ink being spilled on how AI is going to put more and more people out of work. There’s this handy chart, for example:

Let’s get back to the basics.
The chart below is a bull market. It happens to be the S&P from the year 1995, which was an incredibly steady, smooth, ascending-all-the-time market.

I am delighted to let you know that, after an absence so long that I literally don’t know how long it’s been (a year? maybe more?) Comments Search is BACK!

The bear market won’t be fully kicking in until the society as a whole is completely pissed off at rich people. That hasn’t happened yet. Because, see, if it had, you would NOT be seeing this kind of nonsense.
