IT’S OFFICIAL – Right Now 2022 Stands as the Worst Year in US Stock Market History
(www.thegatewaypundit.com)
THANKS BIDEN
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Translation: The Banking Cartels and the Wall Street Elite, with help from the SEC are stealing more from us Americans than ever before.
True. They've been doing it for years with impunity.
I'm not disputing it's bad, but the article is a bit sensationalist. The higher the market goes, it's ALWAYS going to recede by more "points". It would be far more interesting if they talked in terms of percentages instead. Then we'd actually have relevant historical context.
You need to study the stock market. Today the dow dropped below 30000.houses have stopped selling, gasoline is climbing. BTW the stock market and nasdaq use % .
Don't forget to dig down into specific company fundamentals. electronics purveyors cut production two months ago because of inventory not moving out of warehouses because retailers were not selling. This is just one example but the supply chain goes all the way back to basic materials such as silicon (sand)...
Don’t let logic and reason get in the way of a good headline. You are 100% correct. A 24% peak to trough correction is run of the mill and this article is stupid. However, I do believe that the shit is about to hit the fan and if gateway pundit is patient they will probably be able to run this headline again and it will be the biggest percentage drop in any year.
It's just getting started, stock up on food weapons and ammo, you should already have. PMs are good too.( Precious metals)
u/#panic
Artificially inflated stock prices right now because we've had near 0 interest rates and have printed money like mad for years and years
Essentially, the stock market was pumped because of a huge increase in the money supply, but that huge increase in the money supply has also led to our inflation woes
The only way to fix inflation is to fix the problem of having too much money chasing too few goods. The Fed can't do a whole lot to remedy that other than to raise interest rates
Problem is, the slow raising of rates they've done so far hasn't done a whole lot to fix the problem, so they'll need to raise them way higher.
This means that all of those huge institutions won't be making free money by investing in the stock market because their loans will have a higher interest rate vs their return, so they'll pull their money and then it all goes kaput.
We have a ton of room to freefall at this point because the market is incredibly overvalued. Institutions were essentially getting free gains for years because of low interest loans. They weren't investing because the stocks they invested in were worth a ton, but because it gave them 10 percent returns for doing nothing
Obama 100 percent kicked the can down the road. That administration printed more money in a year than had ever been printed in the entire history of the federal reserve to bailout the banks
The answer to the question of why the fed would tank the economy is that they're stuck in between a rock and a hard place. If they don't raise rates at all, inflation soars. If they raise them high and rip the bandaid off, they crash the economy
Both look bad, which is why they've done neither. They're trying to do a "soft landing" but it isn't working. They're slowly inching up rates which has stalled the rate of inflation increasing, but we're still up 8.5% from last year.
They're really in a pickle. They don't want Biden to look bad, but they're only prolonging the inevitable.
The correct move would've been to raise rates much faster and to stop the reckless spending, but then Biden couldn't push his socialist BBB, Ukraine, and debt forgiveness policies
8.5 is the governments bogus number, remember they don't count food and fuel in the equation, more like13 to 15 % inflation.
Perhaps it is even higher than that. We have a hard time figuring the exact amount of inflation. Even economists are having a hard time nailing down a concrete number because there are too many levers being pulled to try to hide the increases. Products are coming out with smaller quantities at the same or only slightly higher prices (within the 8-10% rate range). The cost of daily items are hitting the lower income groups harder than the middle class, but the middle class is inching closer to lower class and many are closing the gap with credit. This is a very dangerous and temporary solution that bites back in the end and can be the final nail in the coffin for a very large number of people. A crash is definitely coming, but the results of the crash are unknown. The big cities are going to be very dangerous. Take care of yourselves pedes. Stock up and be prepared to weather the storm.
Great commentary. The Cabal never intended to fix the stock market problems or the endless fiat currency printing, though. The stock market was created to transfer the wealth of the common joe directly into the hands of the elite.
Invest your entire life's work and labor into a system that can crash and you'll have nothing. Here are numerous other investment "vehicles" you can use to protect yourself in the event of a "market downturn". Never mind the fact that the game is rigged (thanks SEC) to protect the market makers, brokerages, and hedge funds. And, based on fake monopoly worthless paper that has value only because the government says it does.
Meme stonks saga has shown us exactly what the stock market is. And when it crashes, it will be wiped out of existence.....because we don't need it to be prosperous. We need sound money based on real assets. In my opinion. I've hedged my bets by keeping my toes dipped in the pool, but I'd much rather own physical assets under my direct control.
We need a recession and we need high interest rates. Find a good online savings account and earn a good income. I want to see 10-15% return in a savings account. At $100,000 around $850 a month without dealing with tenants.
I don't see how that can happen , usually if it sounds too good to be true it is. What online bank can you trust? Seriously asking,.
They're not paying that kind of interest now but it could happen like back in the Reagan days. I will agree these swindlers need to be rounded up and incarcerated on an Island.
Also worth mentioning that any increase in interest rates risks triggering a housing crash because everyone is jacked to the tits on low interest mortgages. The only weapon the fed has against inflation was already DOA.
I've tried to explain that situation to a coworker, this has been a long standing thing, using bubbles to inflate the next bubble.
Like there was the dotcom bubble, then that bubble inflated the real estate bubble, and then use every trick they can to keep the music playing.
Yes. Real Estate as well.
Keep it in your safe , next to your gun collection.
That is because the Fed has been pumping the stock market since 2008.
To reach the great depression levels the economy has to be crashed on purpose and that will happen if the rate hikes keep happening and there is no easing of rate hikes deep into 2023. That will cause even more capital to sit on the sidelines and be parked with the fed and out of the stock market. It is looking like a bumpy ride the next 12-24 months.
It will happen either at end of October (traditional and historical crash timeframe) or just after midterms. The crash will be compared to the 1929 crash.
Gas will also spike over 7$ a gallon.
By December/January we'll see a massive push for no more cash, digital only. This will go for about 4 years before hard currency is brought back.
You heard it here. Be prepared.
They will crash after midterms and say the “market” is reacting to the red wave. The EO on digital currency starts 12/13/2022 so I expect the digital push to start then. People will need food and assistance so tie the food and assistance to a digital mark.
Can't have digital currency not backed by gold or silver.
Yup which is why I advise people to be prepared.
Very possible and very accurate. Keep pumping away you jerks!
They tried stop in late 2018 (October I think conveniently enough) Dow dipped 400 points just on the threat of ending QE.
"The correlation coefficient between central bank quantitative easing and the price of stock indexes is nearly 1..."
I wrote something about QE tonight for here and SubStack check it out if you like. Here's part 2:
The water is running out, despite the faucets all on full blast. Additional money supply increases are no longer pushing the phony nominal stock prices upward and commodity price increases are creating a tempest of downward pressure on the real economy. Why won't it work no more?!?
Its because the smoothbrainz don't understand the basic forces of supply and demand. Traditionally the Fed only could tickle supply i.e. adding to M1 thru adjusting fed funds/interest rates. After 2008 and QE, the Fed began stimulus for demand side, i.e. asset buying programs. This was unprecedented and economic minds with sound reasoning warned of the hazard it posed. It set a precedent for a nanny state where the Fed would "save" anyone from their own spurious and risk taking behaviors for one.
Beyond that it fundamentally changed the way financial institutions viewed and cooperated with the Fed in the marketplace.
The Fed was on the buyer side now, supposedly just long enough to allow institutions to recoup from the massively depreciated assets that were fouling up their books so bad they were fundamentally insolvent.
QE fundamentally changed the market and the banks were allowed to flee from their own mess. Not only that, but further creations of "mess" would NOT be taken by the banks to their balance sheets - not when the Fed still exists in the market to add that nasty shit to its balance sheet.
The Fed never adopted a proper exit strategy for QE and now THERE NEVER WILL BE ONE. The banks have gotten too comfortable with having someone else dealing in those debt classes and adding them to a balance sheet that doesn't mean shit to them. This allowed them to return to proper quarterly targets without a loss and the credit markets to unfreeze. But the problem is the balance sheet belongs to us the American taxpayer and WE are going to pay for it, and so as OUR finances begin to drain from the inflation endless fucking QE inevitably causes.
As this happens and we all go broke, banks begin to lose their capitalization and credit starts to get frost on it again. Its coming around the globe to fuck them from the other side, see? EVEN WORSE NOW THE FED HAS TO RAISE RATES TO PREVENT MAIN STREET FROM TOTALLY EXPLODING, SO WE CANT KEEP CAPITALIZED BY BORROWING AT ZERO ANYMORE! What do we do? Fuck, change the capitalization standards? Already did! Do it more!
The real economy is a dream deferred and now they have to wake up to it. They've been manipulating the nominal numbers a long time now and it just is getting too big to control. Bubbles formed and ready to pop in foreign real estate and student loans. Trillions spent just blowing on a bonfire like it's a boo-boo. Time's almost up!
Maybe not , after republicans control Congress and Senate and 2024 when Trump is elected it will take him about 2 years to unfuck what Biden has done. We don't have time to waste.
Actually the bubbles popping will cause the crash . First housing , then jobs will lay off and voila depression.
My Grandparents told me stories too from those years when they were children. One story that stuck was they were very short on food at one stage. Than one day they found a yam growing in a field that had been missed. They turned that yam into a soup, which got them through another week. They couldn't afford anything else.
Right up to their deaths in the mid 1990's they lived very frugally and wouldn't spend on unnecessary things
Even know it feels tough at the moment. I still have a good selection of food on the table every night and have plentiful stores
This is just the beginning.
Just wait till October.
Y'all realize that's eight days away, right?
Exactly.
Hedgies r fukt.
The other factor is the US debt. They can not keep raising rates as it makes paying off US debt that much harder.
This is the big key. If the interest rate rises to the point our National Debt payments exceed our ability to repay, the dollar crashes to virtually worthless. The plummet will be catastrophic and instantaneous. We borrow money every year to operate. The TBill interest rates were next to nothing, so we could afford to repay, but the train was going to stop eventually, but the last stop is a mountainside and there is no tunnel.
Disingenuous argument. I mean percentage-wise and all that. But Biden is a worthless dipshit
Thank you for the clarification, I just thought he was a dumbfuck
He's an actor.
want to follow whats going on, watch this guy. One of the most none b.s. to the point dudes I've seen yet.
https://www.youtube.com/watch?v=XXfnFApsD10
This is not just supply shock due to Biden and COVID policies. The stock market, like real estate, was inflated due to printing currency like crazy for decades. I always wondered why Trump was so in favour of loose monetary policy. Did he genuinely believe we could grow our way out of chaos or was he all aboard accelerating the crash?
The difference was, Trump was bringing real jobs to real Americans. Our economy was growing.