NASDAQ is key to understanding markets now, even if some assets haven’t made the adjustment.
We’re reverted to pre-rate cut euphoria so:
Money supply globally still rising
Fiscal situation dire
Central bank credibility being questioned
Government statistics credibility being questioned
Bond investors increasing buying corporate rather than government bonds
Safety, different for different types of investor is Gold, Silver, tech stocks, any stocks, Bitcoin and cash, although the debasement narrative is finally getting through.
This train…you know the rest