It appears Anthropic will finally go public next week. Good, let’s get that bullshit out of the way.
I present two competing charts fighting for dominance over the last 5 months. This blog has no preference really. All the usual tell-tale indicators scream historic market peak. And it seems everyone senses this. Yet the market refuses to blink. But at some point, it will. Like an old western standoff, there will be bloodshed (metaphorically speaking of course!)
Here is the REAL underlying danger. The market demands short term rate hikes next month. Possibly 1/2 point. This is the rot under everything that is the greatest destroyer of a Ponzi scheme public credit based, consumer based, global fake economy. It cannot go on forever. We are witnessing the foundational structural cracks that will not hold. The global total debt load is simply too much to bear at this point. But they know this. This is the point.
The old world order must first be destroyed to bring in the new.
