This Chart evaluates the peak concentration levels of major bubbles
At what percentage do you think this bubble will peak?
This morning, AAA released new data proving that the average price for one gallon of gas in the United States is ~ $4.56 ... showing a 66% increase from December, 2025!
As a real life example, I've lived outside of Austin Texas for 3 years. Our gas is typically $2.30 per gallon, give or take ~ 20¢
Last night my local gas pump was charging $4.13 per gallon... the highest I'd seen since moving to Texas.
Gas prices in the US have moved up to $4.30 per gallon, their highest level since July 2022. The 44% spike over the last 9 weeks ($2.98/gallon to $4.30/gallon) is the biggest we've seen in the past 30 years.
With the Strait of Hormuz allowing virtually zero ships through, the world has been forced to look for new oil suppliers.
The only issue is that the US Strategic Petroleum Reserve inventories are also dropping at alarming rates, down 7.1 million... below 400mm
Marking the biggest weekly drain since October 2022
US stock valuations are now more stretched than 96.8% of all readings in market history.
This composite valuation score averages 7 key metrics, including the trailing P/E, forward P/E, CAPE, price-to-book, price-to-sales, EV/EBITDA, and market cap to GDP.
The only two times valuations were comparably STRETCHED were in 1929, before the Great Depression, and 1965, before the Great Inflation period started.
Both periods preceded prolonged and PAINFUL market drawdowns.
At these levels, there is very little margin for error if earnings disappoint or interest rates go higher for longer.
How do you think this will all resolve?
Both Tim Cook and Steve Jobs spent 3,500+ days as Apple CEO and Apple's stock rose more than $1,000% under both.
One CEO built the product, the other built the ecosystem and distribution to scale it...
Steve Jobs (1997 - 2011)
→ Market Cap: +347.2B
→ Stock Price: +5,500%
Tim Cook (2011 - 2016)
→ Market Cap: +3.62T
→ Stock Price: +2,277%
So.. which do you think was better?