📉We unpack $1.5T in leverage, AI capex, & market mechanics with hedge fund legends @keithmccullough & @mike_taylor1972. "The Stock Market Should Have Crashed Already" 🔴 @inspiredmoneyfm @bjeaglefeather #StockMarket nitter.net/i/broadcasts/1pKkOXqPl…

I’ve tried $130 On sneakers, $50 Nikes, and $28 Adidas—all on sale. Honestly, I can’t tell much difference, and none of them last very long. At this point, I’m sticking with the $28 Adidas.

The staples squeeze in one stat: General Mills' input-cost inflation is running ~4% now. Management expects ~6% by Q4. Meanwhile, organic volume is still declining. Raise prices → risk losing volume.
Absorb costs → sacrifice margin. That's the squeeze facing consumer staples right now.

.@RunnymedeCap and Kristoffer Inton break down this week's $GIS earnings report with @NPetallides, what it says about the consumer staples sector, and the key trends investors should be watching. For more market news, tune in at: SchwabNetwork.com/?CID=SM:Tw…

5/ Combine a soaring stock market, 10% Treasury yields, a falling dollar, and forced selling—and you had a dangerous mix. Today’s rising rates deserve attention. But we’re not looking at that same combination of conditions.

4/ And there were structural differences. In 1987, portfolio-insurance strategies triggered more selling as stocks fell, accelerating the decline. Today, that specific mechanism is largely gone, and markets now have circuit breakers to pause trading during extreme selloffs.

3/ There was another factor people forget: the dollar. It had fallen sharply in 1987. My father worried foreign investors would pull money out of U.S. stocks rather than continue taking currency losses. The dollar is below its 2022 peak; but unlike 1987, it has recently been strengthening.

2/ By August 1987, the Dow had surged 44% in just seven months. By October, long-term Treasury yields were around 10%. That’s a very different alternative to stocks than today’s roughly 5.5% 30-year Treasury yield.

57% of cash-out refis took HIGHER rates for cash. ⚠️ Unpacking credit stress w/ @DiMartinoBooth @Mbabanks @MBSLive @KathyFettke "Fed Hikes Rates First Time Since 2023: What It Does to Your Mortgage" 🔴 @inspiredmoneyfm @bjeaglefeather #MortgageRates nitter.net/i/broadcasts/1qKVmyrzO…

Talked to a wellness coach today. My focus: fitness and sleep. But I appreciate that financial wellness is part of their scope, alongside nutrition, stress, and heart health. True health balances physical, mental, spiritual, and financial. Without all 4, you could topple over.

And financial planning to age 95 will no longer be “conservative”…

The #Fed raised rates by 0.25%, but fixed mortgage rates don’t automatically rise by 0.25%. The bigger problem for homebuyers is the 10-year Treasury holding near 5%. Warsh gave the bond market little reason to expect meaningful mortgage-rate relief anytime soon.

The #Fed’s 25 bps hike wasn’t the biggest story. The bigger signal => Warsh said broad financial conditions still aren’t restrictive, while the Fed raised its growth forecasts and lowered its unemployment forecasts. Translation: the economy is giving the Fed room to keep fighting inflation.

Kevin Warsh said, “I’m not in the forward guidance business.” But the #Fed’s projections delivered plenty of guidance: • One more hike is the median forecast • Four officials project two more • The median shows no net rate cut through 2027 The message: higher for longer.

Must watch today!

They said money shows are boring. An advisor’s podcast? Too dry. A cure for insomnia. Not with this Inspired Money energy! ⚡ @KeithMcCullough + @Mike_Taylor1972 just took our YouTube livestream crown from Arrowverse star @MzKatieCassidy. AI parody; no affiliation or endorsement. piped.video/live/RkaBj9pa52Q

The market hasn’t crashed, but the risks are changing. Great conversation today with @KeithMcCullough and @Mike_Taylor1972 on what investors should be watching heading into 2027: • The massive AI capex cycle, and the debt behind it • A weakening consumer beneath strong headline data • Leverage, options & market fragility • Oil, inflation & rising yields • Where capital may rotate next The big takeaway: You don’t have to predict the next crash. You need to recognize when the risks shift and have a plan before they do. Watch the replay: piped.video/live/RkaBj9pa52Q

Raining this morning, so picnic moved indoors. While eating lunch, a bee made its way under my shirt and stung me. My great grandmother used to say it was good luck when a bird poops on you. Is an unlikely bee sting a good or bad omen? 🤔