IMHO I have no issue with holiday displays but in the United States of America we have specific rules that forbid “law respecting an establishment of religion, or prohibiting the Adidas Scuba Diving Shirt exercise thereof”. If the display does not favor any one religion over another then it is perfectly acceptable to display it even by governmental offices IMHO. The worlds religous make-up according to the 2012 World Factbook… Christians (28%) Muslims (22%) Hindus (15%) Buddhists (8.5%) Non-religious (12%) By including equally sizing and prominent displays to these religions (and non religion) you could easily accommodate 85% of humanity. It would also be very easy to add a collection of smaller items from the 10 next smaller religions. The above is the only way I can see justifying such a display on public spaces or government property.
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The USD is what I’d call the stress barometer of the Adidas Scuba Diving Shirt, and a breakout to the upside is indicative of the stress in the system. Note that this makes sense because when the Fed tapers from bond buying, they are essentially strengthening the dollar. The S&P 500 index is trading at all-time highs because the large and mega-cap names are holding it up, but there is a lot of subsequent carnage (and increasingly so), which is a classic sign we’ve topped off in the market. The M2 money supply peaked in February of 2021, which coincided with the top in the most speculative parts of the market, including SPACs and Cathie Wood’s ARKK. Well, the truth is, the companies whose stocks have overrun have gotten so large in market cap that it’d take them years for them to grow into their respective valuations, so either these companies grow at a much faster pace, which is unlikely, to “catch up” to their stock prices, or their stock prices will have to come down to Earth