There is a great disconnect between the real consumer based economy and the Wall Street-US Central Bank financialization of US hegemonic governmental debt economy that has produced a 6 December 2024 record 60.46 trillion US Wilshire valuation.

Ford produces vehicles which transport US consumers to work and transport products and consumers to market. Its market cap valuation is 41 billion. Ford ranks only 506th in market cap among world companies. It’s stock valuation and profitability is a proxy for the real ongoing consumer asset-debt based economy.

Ford is under-performing the ACWI, the 100+ trillion dollar-equivalent global equity market proxy, whose valuation is a reflection of the interactive Wall Street-Central Bank (et. al. countries)bubble financialization of governmental debt on the US and global business community.

While the financialization of debt will be the dominant force for the next 30-50 years, a near-term major correction of equity, commodity, and crypto valuations will occur based on the fragility of the underlying real consumer asset-debt economy. During a recession, while Wall Street (via bond creation)and the Central Banks have great potential to create money and debt (and jobs), consumers have concerted limitations. This will be worsened by the 2025 administration’s constraints on the need for increased counter-cyclical governmental spending and its focus on the use of tariffs.