Is the economy as good as Wall Street says it is? Mene Tekel

 


The U.S. stock market acting like there’s nothing but good news ahead — megacap technology stocks soaring on renewed hype around artificial intelligence.

The economic story is far less euphoric: The U.S. labor market is weakening, the large services side of the economy is stagnating, and inflation is ticking up.

The divergence between frothy markets and fading economic momentum has raised questions about how long the rally can sustain — and whether investors can ignore 

the writing on the wall.

Despite macroeconomic concerns, many companies — especially those in the technology and financial sectors — have still posted solid quarterly earnings and forward guidance, partially helping justify the elevated valuations in the stock market.

Isabel Wang MarketWatch 7 August 2025

https://www.marketwatch.com/story/is-the-economy-as-good-as-wall-street-says-it-is-financial-markets-and-data-are-telling-different-stories-2d5282d7



Mene Tekel.

Mene Tekel



  
We’re probably not in a bubble, at least not yet.

In a bubble, bad news is typically ignored — as belief in the near-magical power of tulips/railways/websites/electric cars/green tech overcomes all obstacles 


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