Unsustainable Disequilibrium Excessive valuations and investor overcrowding in US megacap tech stocks in my firm's view represent the biggest risk to the overall US stock market and economy today. Competition from US VC-funded startups, creative destruction from open-source AI innovation itself, and Chinese state-sponsored cyber warfare all threaten the high-margin monopolistic business models of the US tech giants.

RT @TheBondFreak: Who is "Passive" going to sell to if there is an exodus event? @profplum99

RT @DrakeBehren: @elonmusk Who Owns Your Algorithm? You don’t choose what you see. The algorithm does. And the algorithm doesn’t work for…

RT @elonmusk: Will we actually choose the algorithm?

RT @kenklippenstein: Trump proposes trilateral agreement with China and Russia to mutually draw down military budgets by 50% "One of the…

RT @MoroniusE: @sentdefender The numbers don't lie.

RT @TaviCosta: No one’s talking about this, but the dollar just hit its lowest level since mid-November. Ironically, maintaining the dolla…

RT @Crescat_Capital: Quinton Hennigh, PhD, plays a huge part in Crescat’s precious metals portfolio. For transparency, Crescat goes LIVE…

RT @TaviCosta: The gold-to-oil ratio just hit its highest level ever on the monthly chart—excluding the COVID spike. Who benefits the most…

RT @profplum99: Bubble? What Bubble?

RT @Sec_Noem: I have clawed back the full payment that FEMA deep state activists unilaterally gave to NYC migrant hotels. FEMA was fundin…

RT @Crescat_Capital: $AGA.V discovers elevated critical minerals, antimony (Sb), gallium (Ga), niobium (Nb), and vanadium (V) antimony with…

RT @Crescat_Capital: $KALO.V unveils high-potential epithermal gold system at Vatu Aurum Project, with geological and geochemical signature…

RT @dampedspring: @ReedsCompany sure they can. Equities down 20% and its dead

RT @dampedspring: The only way to kill inflation is for the Treasury to extend duration, The Fed to stop reinvesting proceeds of runoff in…

RT @KobeissiLetter: BREAKING: S&P 500 futures fall over -1% after CPI inflation in the US rises to its highest level since June 2024. https…

RT @Crescat_Capital: Catch up with Kevin Smith, CIO, with this segment from our Live Market Call published on 2/7/25. @crescatkevin Did…

RT @unusual_whales: OpenAI: Plans to reduce reliance on NVIDIA, $NVDA, by developing its first in-house AI chip, with design finalization i…

RT @albertedwards99: This Goldmans sentiment indicator seems a pretty good forecaster of an impending bear market H/t @dailychartbook http…

RT @elonmusk: At this point, I am 100% certain that the magnitude of the fraud in federal entitlements (Social Security, Medicare, Medicaid…

RT @Crescat_Capital: $MOG.V to acquire 100% of Argentina land package. “Upgrading from an earn-in deal to 100% ownership is a great move…