MrRenev

Preparing for a black Monday

SP:SPX   S&P 500 Index
A UK bank chief analyst said "investors really want stocks to go up but reality is setting in" (or something similar). There are no good news, only bad news. Everything is terrible in the world and in the USA. Inflation, supply line issues, China and China housing with not just Evergrande, US border slaver and druglord warzone crisis, Afghanistan failure(s), Pacific France&EU / US&Anglos tensions, energy prices, labor shortages... It's all falling apart.

The stock price could stop slowly going back and forth and jump down violently for a few days (followed by a fool recovery?), and also get Forex moving I find it really unbearable. Once it jumps down maybe the US bankers print even MOAR, maybe even negative rates with a clown excuse again, and things get moving. Of course with 0% interest rate everywhere Forex is flat and random. Look at Turkey, not flat!

Looking at some past events

1929:

1907 panic:

1987:

2000:

2008:

2000 & 2008 FX:

S&P now and lately:


Today FX abomination:

Swissie window maker:

More:

2016 elections FX:

The USD lost 15% of its value from Jan 2017 to Jan 2018, then it went into this weak bad trend. That trend (around 2018-2020) at least had potentially some few interesting things in it.

Generally Forex is bad anyway. Hope it gets better not worse and worse come on. Hope the US pisses off France & Europe again (that were in denial about being the US dogs but figured it out now). They already decided to cooperate less. And the UK left the EU finally. More sovereign nations. A world with multiple powers rather than just 1 big USA with a EU vassal. Logically Forex should become better not worse.


Not sure what to think.
What is nasty continues to be, no big break. But feels like it is getting worse.

Very often the price looks so random.
Nothing we can do but wait.



I wish I know how to invest in all of those...
Maybe the trend just makes up for the interest rate so it's just as bad as everything else?

No growth, stocks are a ponzi, bonds return 0 now...
1 century ago when everyone lost their shirt, the average randoms, many smart investors made money, natural selection at work, now everything is globalised, socialized, EVERYONE gets screwed, doesn't matter how smart you are they drag you down. I'm really sick of being patient. How many more years must I wait? Let's cross our fingers everything falls apart fast. Anyone with a brain knows it's happening, so the sooner the better.



Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.