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Stock market is already bearish. Would not be surprised to see it tank this upcoming week.
If it happens Monday, this would indicate foreknowlege and planning.
If not, I would not be surprised to see it happen on Thursday.
Federal Reserve has manipulated the money supply and pushed rates down super low, getting everyone on board the Titanic (buying houses they cannot afford without near-zero rates, borrowing to the hilt with low rates, and the federal government now with no debt ceiling and $33 trillion in debt, which will all have to be refinanced at higher rates).
It was clear from what Powell said the other day that he is either (a) clueless about what he is doing, or (b) intentionally setting up the great crash.
Personally, I think it is a combination of both, which sounds strange. How can he both be clueless and intentional?
Because I think that Powell and the other members of the Federal Reserve have no actual control of anything. The New York Fed Reserve Bank is the key to the money printing. Whoever controls that controls the money printing. I suspect it is controlled through a small group, possibly at the International Monetary Fund or their puppet masters behind the scenes, who actually call the shots.
They give the marching orders to "do this" or "do that," and it is up to Powell and Yellen and the other idiots to come up with whatever bullshit they can sling to justify what they have already been ordered to do.
That's why most of these people make no sense. They are doing something but their words indicate they don't know why.
Powell gives a speech late Wednesday, and important economic numbers come in Thursday morning.
It would be the perfect setup for a crash.
I think Powell is setting up for a crash because the white hats need that for some reason. Probably before 11.3