Hello everyone.
today i am going to publish my first yearly forecast. keep in mind this is an overview and larger picture. i wouldn't recommend timing smaller term moves using this chart. take it for what it is worth.
with that said, i expect this year to be bullish. even a potential visit of old highs before the end of the year.
between the stimulus checks and the new approved budget, Biden has now printed 6 trillion while in office for two years. keep in mind it took America 200 years to get the first trillion in debt. this money still needs to trickle down into the economy. might lead to a new epic bubble down the line (3 years from now I'm thinking).
the fed at 10% interest rate would case every single tax dollar to go to interest.
even at 5%, there will be irreversible damage.
i think the fed knows this and will soon bend the knee.
remember bull markets are dull and slow. patience is key. sitting tight is how you make the real money.
i will post smaller term moves as the year progresses...
happy new year everyone :)
today i am going to publish my first yearly forecast. keep in mind this is an overview and larger picture. i wouldn't recommend timing smaller term moves using this chart. take it for what it is worth.
with that said, i expect this year to be bullish. even a potential visit of old highs before the end of the year.
between the stimulus checks and the new approved budget, Biden has now printed 6 trillion while in office for two years. keep in mind it took America 200 years to get the first trillion in debt. this money still needs to trickle down into the economy. might lead to a new epic bubble down the line (3 years from now I'm thinking).
the fed at 10% interest rate would case every single tax dollar to go to interest.
even at 5%, there will be irreversible damage.
i think the fed knows this and will soon bend the knee.
remember bull markets are dull and slow. patience is key. sitting tight is how you make the real money.
i will post smaller term moves as the year progresses...
happy new year everyone :)