The S&P 500 topped out at 6100 in February, declined to 4800 in April, and has recovered to trade near 6200 as of July, representing a 20-25% rally from lows with individual stocks like Nvidia up 80% from their lows.

The US dollar has had its worst six-month performance in over 50 years, declining approximately 10% year-to-date while the S&P 500 is up only 5%, meaning US equity gains are being offset by currency depreciation for investors holding dollar-denominated assets.

Jeff Bezos spent $48 million on his wedding in Venice, illustrating the extreme wealth concentration and discretionary spending at the top of the income distribution.

Canada's unemployment rate is 7%, Ontario's is 8% (with 15 million population), Toronto's approaches 10%, and youth unemployment (ages 15-24) is 14%, levels not seen since the 1990s, indicating significant labor market weakness.

US non-farm payroll numbers for June show unemployment at 4.1%, down from 4.2%, and these unemployment figures are hanging in quite well relative to Canadian weakness, which is puzzling given the economic concerns about the US.

If the economy is in such dire straits (as Faber claims), bank performance being so strong is difficult to explain, raising a question about the consistency of Faber's economic pessimism with observed bank financial strength.

Many companies including Walmart, McDonald's, and Starbucks issued profit warnings in Q1, reporting that people aren't coming into their stores and aren't spending as much money due to uncertainty.

Trudeau had zero qualifications to become the leader of a country or any organization, as he was merely a teacher with no knowledge of business or economics, making his rise to lead a $2 trillion economy inexplicable.

JP Morgan stock has experienced a massive move off its lows, trading at 2.5x book value significantly higher than other bank companies, and banks are good barometers of economic health because they lend to corporations and individuals.