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LuisLizama
Dec 15, 2018 8:26 PM

Financial Crisis 2019! The downfall of the US economy Short

S&P 500SP

Description

All good times must come to an end, and we are nearing the tiping point. Now I do want you to understand that this has nothing to do with politics, but simply the fact that banks have been abusing their power to lend out money religiously. Thats why the FED has been so reluctant lately to spike interest hikes because they understand the fact that everytime they do so a crisis brews somewhere in the world. (due to the importance of the USD in a lot of countries).

"Almost every Fed rate-hiking cycle ends in a crisis. Sometimes it starts abroad, but it always filters back to U.S. markets.
Specifically, 16 of the last 19 times the Fed started a series of interest rate hikes, some sort of crisis that tanked the stock market followed. That’s around 84% of the time. The lasting impact of a crsis brewing like we have seen this past month is really scary." - Nick Giambruno
Comments
vergun
@LuisLizama of course the market will come to an end, but timing is everything. I see this market heading to $305 (simple 1.618 fib extension) then tanking, which will trap many shorts predicting we are in a top....
SammyNoden
@vergun, $3050?
LuisLizama
@vergun, well next week we will see if we break below $2560 :)
stuartsfleming
@vergun, $305??? what is that the SPY?
UnknownUnicorn1038536
@stuartsfleming, of course internal markets are ruled by a meme line. All in short.
vergun
Spawn777
Note from 2009 until today we are only up 209%,
From 1986-87 until 2000 SP500 was up over 500%. Always good to keep things in perspective.
RomanLosev
Failed.
Update?
hiddenchamp
I just bought sp500 etf. My first ETF/stock ever. Should I sell already?
gvoommen
@hiddenchamp, If I was you, I would cut my losses, close my positions, and exit! We have a very bearish scenario.
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