Published: October 5, 2025
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What is happening? The S&P 500 is up +40% in 6 months, Gold is nearing $4,000/oz, and Bitcoin hit a record $2.5 TRILLION market cap. Meanwhile, the US Dollar is set for its WORST year since 1973. Are markets THAT strong or is the US Dollar just crashing? (a thread)
@KobeissiLetter This has been the biggest short squeeze since the meme stock era back in 2021.
@sophos_alpha The last 6-months' rush into assets has been unprecedented.