Today all indexes were at Trump levels on 1/19/21, S&P up just under 50 points, all others below at intraday. I ran a spreadsheet Halliburton up 75%, Netflix down 63%, interesting Blackrock down 19% and Vanguard down 3.5%.
If things don't change, we're looking at a depression that will affect people much more than the Great Depression of the 30s. So few people are self-sufficient, that millions will die of starvation. At least in the Great Depression, people in the country had food to eat, and the ones in the cities weren't wild animals fighting over food, but quietly stood in the soup lines.
Today all indexes were at Trump levels on 1/19/21, S&P up just under 50 points, all others below at intraday. I ran a spreadsheet Halliburton up 75%, Netflix down 63%, interesting Blackrock down 19% and Vanguard down 3.5%.
...dead cat time....
If things don't change, we're looking at a depression that will affect people much more than the Great Depression of the 30s. So few people are self-sufficient, that millions will die of starvation. At least in the Great Depression, people in the country had food to eat, and the ones in the cities weren't wild animals fighting over food, but quietly stood in the soup lines.
The economist magazine for May 20, front page story
So?
That's not an indicator of anything...
https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/2022-05-20_09-05-17.jpg?itok=bNU4VMs2
Just point to any pattern in that graph.
I'll tell you what it indicates to me!! Good chance we'll lose our entire 401K. Maybe you have many years to yet work but we DON"T.
I borrowed against my 401k and spent it on silver.