The S&P 500 and NASDAQ sold off hard on Wednesday (after 25+ basis points of Fed cuts) but bounced Thursday due to short-covering; market participation is only ~50% of normal, making it easier for the 'plunge protection team' to control pricing and keep markets artificially elevated.

Over 1,000 regional banks have created signals indicating serious trouble; this banking stress is being masked until after the 2024 election for political reasons.

The middle class is in recession currently (though government does not admit it); evidence includes Darden Restaurants (Olive Garden) reporting their customer base has shifted from those earning $70k+ to those earning $150k+ because lower earners have stopped dining out due to cost pressures.

Wage growth since 2021 has been completely offset by spending increases; 66% of jobs created since 2021 have gone to illegal immigrants, 33% have gone to Americans, and of that 33%, approximately 50% are government jobs rather than private sector jobs.

The Dow Jones index has risen from 800 in 1980 to 43,000 in 2024, but this reflects currency debasement more than real economic value creation; despite making more money in 2024 than in 1985, people lived better in 1985 due to lower purchasing power erosion.

An American revolution is likely in the near future due to government overreach, loss of law and order (police defunding), hatred in society, and the systematic destruction of the middle class; people will eventually refuse to accept further degradation.

When the Fed cut rates after the May 2010 market panic, Ben Bernanke 'couldn't hold his water'—indicating that Fed leadership panics when markets decline and immediately reverses course, abandoning any pretense of data-dependent policy.

65% of election years see equity gains; however, the prior 41 days before this election are where markets are being kept artificially elevated, and serious declines should begin after the election.

The CPI (Consumer Price Index) reported by government is manipulated downward by only accounting for 4% food and energy weighting when average people spend far more than 4% of income on these necessities, making the official inflation number fraudulent.

The Federal Reserve has failed its mandate; its two statutory jobs are inflation control and employment, but it has spent decades manipulating rates to benefit asset prices instead, and this mandate drift began systematically under Alan Greenspan.

The federal government's ban on federal marijuana legalization despite state legalization is strategic: the government waits for large corporations to establish market dominance before federal legalization, allowing them to destroy independent growers and capture monopoly rents.

Commodities broadly (not just gold/silver) will 'explode higher' as equities correct and money flowing out of stocks is deployed into commodity markets, grain markets, and other hard assets; this is a predictable historical pattern.