CHART OF THE DAY: Both The Nasdaq & Bitcoin Peaked In November (#Quad2)

Quite literally EVERYTHING Powell said yesterday about the US labor market and corporate profit cycle is yesterday’s news, 2 months ago. The #Quad2 US economic cycle peaked in November when both NASDAQ and Bitcoin did.

If GDP slows from 7% to 0% and Corporate Profits slow from 30% towards 0% here’s a Lucky Charms Quiz for Powell:

A) What is the labor market going to look like vs. its Q4 Cycle Peak?
B) Are you even going to be able to get your 2^nd “hike” in by the May meeting?

And what did the leprechaun say when his chasing QQQ’s video game (into options expiration) ended? A: Game Clover!