Have been tracking the swings recently and macros and it's worth noting that the fundamentals of the economy are still weak. The upcoming rate reduction is already priced in, and it won't change the employment / defaults / private credit environment and inflation. Expect a dip very very soon and red across the board. The economy is being propped up with hot air and it's just not sustainable. All the macros are screaming red and people are ignoring until it's too late.
#SQQQ could be an interesting hedge, but would pull out now from any long positions as the AI bubble is showing big cracks and people are deciding to look the other way until they get wiped out.
#SQQQ could be an interesting hedge, but would pull out now from any long positions as the AI bubble is showing big cracks and people are deciding to look the other way until they get wiped out.
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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.
