Is the big drop, and possible final drop of this cycle here?
Big news via the inflation numbers today
Previously the FED after meeting suggested that the economy is recovering, and the tapering of funds is goign to slow down (ie more money to be printed)
I think that that is very deceitful, as:
Inflation is at 9.1%, and the fed rate is around 2%
People will get a second job, to make ends meet - which will cook the feds stats to look like there is less employment (also per definition people not looking for work are not included in the count, while the government will count each job as a job- double counting)
Jobless claims are up
There has been no liquidation event in the stock markets like there has been in crypto (3ac, Celcius etc)
The yield curve is wildly inverted, the 1 year treasury is 50 bp higher than the 10year. Ask yourself this, why if you invested for 1 year should you get more return than if you invested for 10 years. This screams of recession
Big news via the inflation numbers today
Previously the FED after meeting suggested that the economy is recovering, and the tapering of funds is goign to slow down (ie more money to be printed)
I think that that is very deceitful, as:
Inflation is at 9.1%, and the fed rate is around 2%
People will get a second job, to make ends meet - which will cook the feds stats to look like there is less employment (also per definition people not looking for work are not included in the count, while the government will count each job as a job- double counting)
Jobless claims are up
There has been no liquidation event in the stock markets like there has been in crypto (3ac, Celcius etc)
The yield curve is wildly inverted, the 1 year treasury is 50 bp higher than the 10year. Ask yourself this, why if you invested for 1 year should you get more return than if you invested for 10 years. This screams of recession