Hey friends! It's time for another jam packed episode of Mayhem in the Markets! Grab your favorite beverage and tune in for an episode that covers what I have my eye on in the markets, the economy, and beyond!
00:00 Introduction
00:45 US credit card balances near record $1T
01:58 Fed Funds Futures - meeting probabilities
02:48 Stocks tend to fall further when EPS growth turns negative
03:49 Nvidia outperforms NASDAQ, big tech peers
05:38 Nvidia revenue trend
07:56 The AI bubble
10:39 US equities follow a 'no recession' path
11:39 Real S&P 500 returns since 1920 and length of drawdowns
12:28 The middle class is being hollowed out
13:45 Thank you