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Degens Deteriorating
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Everyone predicted that the call to prayer would be heard in the streets of New York.

They laughed.

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The recovery in US new vehicle sales remains sluggish:

New vehicle sales rose +2.4% in 2025, to 16.2 million units, the highest since 2019.

However, new vehicle sales are still below 2015-2019 and 1999-2006 levels.

They are also just slightly above 1986 levels, marking a four-decade period of structural stagnation.

Overall, sales are down -6.4% from the 2000 peak, when 17.4 million vehicles were sold.

To put this into perspective, the US population has grown +21% since then.

This comes as average retail transaction prices increased +1.5% YoY, to $47,104, and are +35% above 2020 levels.

The US car market has stalled.

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A boyfriend leads his colorblind girlfriend to watch a sunset. He surprises her with a pair of specialized glasses. As she puts them on and looks at the sky, her reaction shifts from curiosity to overwhelmed wonder

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
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Trump tells MTG his 'FRIENDS hurt' by Epstein files

'EVERY billionaire heads of state in there'

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Parents tell officer they're '100% comfortable with Epstein around my children' despite pedo conviction

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NEW: Trump is apparently planning to significantly increase deportations!

DHS just bought another massive warehouse intended to expand detention capacity for illegal aliens.

Local Democrats are already trying to stop the plans, but ICE is in compliance with the law.

Illegals better start packing and leave before ICE can find them!

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JUST IN: Savannah Guthrie releases new post on Instagram, tells her mother's kidnapper that it is "never too late to do the right thing."

Guthrie says she believes in the "essential goodness of every human being."

"We still have hope and we still believe, and I wanted to say to whoever has her or knows where she is, that it's never too late and you're not lost or alone, and it is never too late to do the right thing."

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The US stock market is witnessing a historic run:

The MSCI USA Index's market cap relative to the US M2 money supply is up to a record 270%.

This ratio is up +120 percentage points since 2022.

This now surpasses the 2000 Dot-Com Bubble peak by ~40 percentage points, and the pre-2008 Financial Crisis high by ~75 percentage points.

By comparison, the UK and France MSCI indexes relative to their M2 stand at ~60%, still below pre-pandemic highs.

At the same time, Japan’s market cap to M2 is up to ~60%, the highest since the 1990s.

The market has never run this far ahead of liquidity before.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
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There is no amount of money that could persuade me to go on a Carnival cruise

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