After tweeting to sell at this most local bottom, and previously saying "you have no idea how short I am" at the bottom before that.
Michael Burry has deleted his account, again.
You’ve likely heard of V/STOL (vertical and/or short take-off and landing) but what about BTOL (backwards take-off and landing)?
The F-35 is truly an incredible flying machine and this shows how the US continues to innovate!! Let’s see the Su-57 do that!
When written in English, every number shares a letter with its neighboring numbers
Ex: "One" shares an O with "Two" | "Two" shares a T with "Three" | "Three" shares an R with "Four..." and so on forever
New lows for the US Leading Indicator index.
This indicator has a 100% hit rate on anticipating recessions with a 7-8 months lag.
It's now pointing to a recessions starting in Q2, and on par with the 2001 recession.
Markets, in the meantime: Soft landing & La-La Land
While it's possible that this may lead to better outcomes, it's far from probable.
Neither country has the initial conditions to make this succeed and attract others.
The best this initiative can hope for is that talk creates some political cover for much-needed economic reforms.
2002 Median Salary: $42,409
2022 Median Salary: $54,132
A 27% Increase
2002: Median Home Price: $182,700
2022: Median Home Price: $454,900
A 148% Increase
You now need to make triple the median salary ($144,000/year) to afford the median home.
Japan is considered the world's most powerful passport, with visa-free access to 193 countries.
Singapore and South Korea are close behind with 192 countries.
Syria, Iraq, and Afghanistan are the least powerful, all with visa-free access to 30 or less countries.