Painful market downturn here in July. With that said — we’re quite a bit away from “blood in the streets”.
Most of these names down bigly are still up YTD, many significantly! If the carry trade unwind or other economic pressures hit, there’s quite a bit of sliding to go.
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- While the economy may have strengthened since 2024, we see: - CC delinquencies highest since 12’ - Home sales lowest since mid 90s’ - Auto delinquencies highest since 09’ - 401K withdrawals highest since 09’ Inflation cooling. Unemployment steady despite Ai. Stocks have
- Happy 4th of July traders — from Ft Phoenix (Fairhaven MA) 🐦🔥 place of the first naval battle in the Revolutionary War. 🇺🇸
- The market is 📉 but ai company $GRRR is +10% before the open after securing an infrastructure deal worth $2.5B over 4 years at the NeutraDC Batam data center in Indonesia. $8B in deals in the last 6 months! This agreement alone is worth more than 8x the current market cap. 👀




