The S&P 500 is at extreme, dot-com-level overvaluations, setting up for an inevitable market decline. AI-driven capex waves are cyclical and will likely lead to a melt-up, then a significant collapse ...

Americans may be feeling uneasy about the economy, but if sales of ultra-luxury cars are any indication, the super rich are doing just fine. Both Rolls-Royce and Bentley posted record sales in 2021.