To The Moon

On Thu, 15 May 2025, US stocks continued to close mostly higher, despite a blip in tech stocks, as investors go through retail sales data and $Wal-Mart(WMT)$ results for a snapshot of consumer health. When trading day ended: DJIA: +0.65% (+271.69 TO 42,322.75). S&P 500: +0.41% (+24.35 TO 5,916.93). Nasdaq: -0.18% (-34.49 to 19.112.32). Rally’s Catalysts ? (1) Producer Price Index (PPI) - April 2025. US producer prices unexpectedly fell in April 2025 as “wholesale services prices” declined the most (-0.7%) since 2009. It was “pulled” down by ebbing demand for air travel & hotel accommodation. (see above) For April 2025, (see above) Headline MoM inflation dropped -0.5%, after upward revision of March 2025 data from -0.4 to 0.0. Annual headlin

1.The Best vs The Worst of Global Equities...US/Large/Growth = ExpensiveGlobal/Small/Value = CheapImage2.Where in the cycle(s)?It's a diversified portfolio of cycles 😵‍💫-the market cycle-the hype cycle-the bubble cycleWe are at a time where it's highly useful to know and understand each of these 3 repeating cycles...ImageImageImage3.Reported volatility for private markets 🧐🤔(to be fair, these things haven't really been tested by bear/recession/stress conditions in recent times, so it's anyone's guess as to what actual experienced volatility will end up being)(the other issue is there has been heavy flows into private assets; in search of better returns and lower volatility... which ironically will likely ultimately mean worse returns and higher volatility than expected)