Hints and tips:
...At the end of 2022, the US banking system had $18tn in domestic deposits, including an estimated $10tn of deposits insured by the Federal Deposit Insurance Corporation....
...In the aggregate, households are generally net spenders, while corporations are almost always net savers. There is nothing at all unusual with households selling shares back to corporations....
...This chart is from John Hussman: As for cultural evidence of bubbly sentiment, it is only at a very early stage if it is present at all....
...Industrial manufacturer Eaton Corporation said it would acquire the electrical equipment supplier Cooper Industries for $11.8bn, sending shares in Cooper up by more than 25 per cent on Monday....
...Hussman’s latest market narrative - at http://www.hussman.net/wmc/wmc081117.htm - is quoted in Edward’s paper and is absolutely worth reading....
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