- 
QQQ economy is holding because of big cap tech spending. Underlying economy has can of worms.
- Be it consumer discretionary, defensives or real estate. All are in recession.
- Consumer doesn't have confidence to spend.
- Trump tariff is hurting Americans more. Tariff dividend is stimulus check of 2000 whereas cumulative pressure because of tariff is approx 10,000 per person.
- Only way to save economy is by taxing AI companies and passing a bill that prevents layoffs.
- Layoff only helps elite class who get paid in stocks. These exec fire people in the name of productivity to keep stock price high and cash out fat bonuses.
- Only way to save humanity at this point is via legislation and by prevention of human replacement by robots and AI.
QQQ economy is holding because of big cap tech spending. Underlying economy has can of worms.- Be it consumer discretionary, defensives or real estate. All are in recession.
- Consumer doesn't have confidence to spend.
- Trump tariff is hurting Americans more. Tariff dividend is stimulus check of 2000 whereas cumulative pressure because of tariff is approx 10,000 per person.
- Only way to save economy is by taxing AI companies and passing a bill that prevents layoffs.
- Layoff only helps elite class who get paid in stocks. These exec fire people in the name of productivity to keep stock price high and cash out fat bonuses.
- Only way to save humanity at this point is via legislation and by prevention of human replacement by robots and AI.
Note
- if there's a fear that one can lose job then people wouldn't spend or purchase big things like car, homes and will even cut corners on things which they don't need.Note
- Consumer confidence will return only when consumers feel they have job security and they can't be fired easily and/or there are plenty of jobs which pays same or more than they make
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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.