Which way do you see it playing out? The Storm(mass arrests of the Cabal) or MOASS (Stock Market collapsing) happening first?
I think in order of precipice that MOASS will happen first.
What do you Frenly Apes think?
I hope it's MOASS 1st. Be nice to be in a Lambo when I tell them "I told you so".
Guys 2008 recession was way worse for the everyday citizen. Suburban streets had multiple foreclosures on them at same time. House prices dropped thru floor. So many were without jobs. Stock market dropped more than 50%. Sorry, but I believe we ain't even started yet. They seem like they are slow riding this out while they Rob all the coffers. Unlike 2008 it seemed like everything happened overnight.
The sideways trading of the market is rigged, fake and gay. Either it isn't real at all or the fed via the Plunge Protection Team has been artificially propping the bitch up since March 2020.
Yes it is manipulated currently because look at all these bull rallies lately despite inflation being sticky. And there is no way to "price in" when there is no sign that rates will go down any time soon by June. Keep in mind it is already April.
Job numbers are inflated as well as the unemployment numbers being manipulated. When the real job numbers and unemployment is shown the bull rallies will cease.
That is when stock market collapses tend to happen when unemployment climbs. But the assumption that rate cuts will start to happen immediately after that starts is highly optimistic and not realistic. Especially if inflation is sticky and we end up with stagflation.
The "news" and technical indicators that you mention are, and have been, way more negative than positive since Covid was released. 5-9% inflation. High gas prices. High energy prices. Companies laying off. Companies struggling to find workers and closing. We should have collapsed multiple times over. Now we have bank failures and bailouts domestic and international. What trader in their right mind would be a buyer of a stock in such a market?
Fake, Gay, Rigged.
I never even knew 2008 was bad. I had a great job in IT. I hate to say it but I didn't even notice.
Of course I didn't watch the news because I knew they were liars. I didn't start watching again until Trump said fake news.
In Florida it was so bad that 1/2 the homes were vacated/foreclosed in some counties.
At the time I had a job already and was going to school. I tried to apply for another job and I was turned down because there were too many other applicants without A job.
People with masters degrees applying for simple retail jobs in brick and mortar stores was all overwhelming.
This exactly.