Cyclical Apocalypse 2023 Short

S&P 500SP

Description

⋅ Nov 12, 2022 7:58 PM

The recession we predicted in August is almost here. Prepare for monetary meltdown. Things to look forward to next year:

Mass layoffs (started in q4) and spike in unemployment rate
Retail earnings miss heavily with a bad holiday season
Industrial production drops sharply
Used car bubble pops
Mass consumer defaults on car loans
Housing market collapse
Credit spread blowout
Zombie companies reduced to rubble
Mass bankruptcies
Negative real growth in all four macro sectors (income, production, consumption, employment, etc)
Various crypto exchanges insolvent
Mass panic and bank runs
SPY -30% to -70% drop
Disinflation and then deflation (not stagflation)
Energy bear market
Corporate rates turn into junk
Municipal bond meltdown
Emergency fed pivot but only after something dire breaks
Massive bond rally (tail end)

Comments

akikostas

⋅ Nov 12, 2022 10:36 PM

I agree! My gut feeling is that the "stagflation" experiment will fail...

jikart

⋅ Nov 13, 2022 3:53 PM

30-70% SPX drop from its top or from the price at posting this idea?

DarkExodus

⋅ Nov 13, 2022 6:46 PM

@jikart, Most likely from TOP.. Looking around low SPY $230 SPX $2,300

Drewson

⋅ Nov 13, 2022 9:51 AM

That about sums up the list of devastation they need to kick of the big RESET they have all been talking about with its new digital currency. We will own nothing and be happy. Shaping up very nicely if you are correct.