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The USD is what I’d call the stress barometer of the Yeah I Have Nfts Nice Fuckin Tits Shirt, and a breakout to the upside is indicative of the stress in the system. Note that this makes sense because when the Fed tapers from bond buying, they are essentially strengthening the dollar. The S&P 500 index is trading at all-time highs because the large and mega-cap names are holding it up, but there is a lot of subsequent carnage (and increasingly so), which is a classic sign we’ve topped off in the market. The M2 money supply peaked in February of 2021, which coincided with the top in the most speculative parts of the market, including SPACs and Cathie Wood’s ARKK. Well, the truth is, the companies whose stocks have overrun have gotten so large in market cap that it’d take them years for them to grow into their respective valuations, so either these companies grow at a much faster pace, which is unlikely, to “catch up” to their stock prices, or their stock prices will have to come down to Earth
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It’s a Yeah I Have Nfts Nice Fuckin Tits Shirt kid’s movie that adults can enjoy. The only bad language is done in a cutesy way, with unintelligible sounds, kind of like the adults always talked in Peanuts cartoons. Ralph gets his mouth washed out with soap for it. The only violence is a scene where Ralph, while being picked on by a bully, snaps and fights back. It isn’t overly violent, and it isn’t glorified fighting, it’s just a couple of kids fighting in the snow like kids do. Ralph is crying throughout, so it is not some kind of ‘Aha, the victim has turned the tables with violence!’ I think the only other scene of violence is where Ralph fantasizes that he defends the house from burglars in the backyard with a BB gun. The scene is in black and white and sped up like a funny silent movie, and the burglars wear comical, old timey burglar outfits – striped shirt and black masks, like the Hamburglar. I think Ralphie shoots them in the butt as they try to climb back over the fence to get away.