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It’s Still a Bubble Number 24: Tariff Edition

As the world awaits with baited and soon to be over taxed breath the outcome of “Liberation Day” the circus known as the United States equity market is now officially stating that bubbles are still good and people are still stupid.

Exhibit A.

I present to my readers a streaming service which debuted at $10 per share yesterday which advertises itself as ‘not Fox News’ when in reality, it’s a lot worse.

Exhibit B.

The stories about this company are legendary on FinX (Financial Twitter/X) and the work of Nobody Special, JustDario, the Coastal Journal and others on YouTube and via Substack on this company are about as damning as they come.

Yet for some reason after some institutional holders dumped the stock yesterday, the retail zombies decided to bail out the banks and buy Coreweave for no apparent reason other than speculation.

Exhibit C.

The desire for this IPO mania from retail just makes one say “WTF” some days. Then of course a company with the stock symbol WTF debuts and guess what?

Just WTF.

Exhibit D.

The only thing missing from his posts is his slamming the hood of a 1974 used car at 2 a.m.

Maybe, meaning eventually, he can get the two Trump sons to do those 2 a.m. infomercials on cryptocurrencies with him.

Exhibit E.

Real estate is going to blow up sooooo bigly.

No, I can not make this stuff up.

Exhibit F.

It’s RobinHood so no commentary is necessary.

Gang, when this bubble bursts, possibly starting as soon as Thursday or Friday, don’t say you were not warned.

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