we've done everything we've been told as kids - didn't get in trouble - finished high school - got a college degree - got a high paying job - worked up the corporate ladder why the FUCK can't we afford a house?

This is insane: The Nasdaq's market cap relative to the US M2 money supply has hit a record 176%. This means the market value of the Nasdaq is nearly TWICE as large as the the total stock of liquid money in the economy. The ratio has now exceeded the 2000 Dot-Com Bubble peak by ~45 percentage points. Never in the history of financial markets has the rise in stock prices exceeded the growth of the money supply by this much. At the same time, the Nasdaq’s market cap relative to US GDP has risen to a record 129%, almost double the Dot-Com peak. How much further can it go?

It's crazy to me that someone's political views could influence their forward view of something as banal as interest rates this heavily. It's a 3x difference. And it's not what they think *should* happen, it's what they think will happen. 🤷‍♀️

Classic Gingerbread collage #Artsy

Ether is back near the upper end of its trading range again. If you own any, this is a great time to sell. As much as it pains me to say, selling Ether and buying Bitcoin with the proceeds is a better trade than holding Ether.

I think SNEK is trying to tell us that another Cardano memecoin season is about to start👀