🚨 THE MARKET IS LOSING ITS SAFETY NET — AND YOU CAN FEEL IT

Let me say this in a more grounded way.

Next week doesn’t feel like “just another volatile week.”
It feels like one of those moments where the mood quietly shifts —
and only makes sense after the fact.

From here, there isn’t a clean bullish story.
There are only different ways risk can be repriced.

If you’re holding stocks, crypto, or anything high-beta,
it’s worth asking what kind of market we’re actually in.

Start with where we already are:

The Buffett Indicator is around 224%, the highest ever.
Higher than the Dot-Com bubble. Higher than 2021.
History says this usually ends with mean reversion, not new highs.

The Shiller CAPE is near 40.
We’ve only seen that once in 150 years — right before 2000.

This doesn’t mean a crash tomorrow.
It means the margin for error is thin.

Now add what’s coming:

About 26% of US federal debt rolls over in the next year.
Refinancing at much higher rates quietly tightens liquidity.

Trade tensions are back on the table, with tariff risks aimed at major European economies.
That’s not noise — it adds friction where the system is already stressed.

On top of that, there’s policy uncertainty around whether those tariffs even hold up legally.
Markets don’t like not knowing the rules.

This is why behavior has changed:

Big money isn’t chasing upside.
It’s reducing exposure.

Liquidity is being kept close.
Metals are being accumulated.
Risk assets feel heavy even on green days.

That’s not fear.
That’s caution earned from experience.

I know this is uncomfortable, especially if you’re newer.

But markets don’t usually break when everyone is scared.
They break when people feel safe because nothing bad has happened yet.

Wealth isn’t built at extremes.
It’s built by staying solvent, patient, and clear-headed
when the environment quietly shifts.

This week isn’t about panic.

It’s about paying attention to the tone of the market before the volume gets louder.