If this breaks to the upside people aren't going to comprehend what's happening.
Money Market Funds All Time High ☑
DXY strength start to revert (fall) ☑
Federal Reserve required to cut rates to save the treasury debt death spiral ☑
Inflation in the meantime (contained) ☑
Noticing FOMO from people in TradFi + Retail start to pick up ☑
Record number of ETF's launched ☑
"Nearly as many active ETFs launched from January 2022 through October (789) as the decade prior (810). Active ETF launches outnumbered index trackers 3 to 1 so far in 2023. The active ETF market has thrived in part because the shelves are fully stocked"
This is all setting up for the SPX to go vertical, all while people are preparing for a "recession".
Do i expect a crash as large as 1929? Yes. But it will be bailed out immediately if this plays out. So maybe similar to the covid crash.
Great answer! I couldn't agree more. And look at it! Start of march 2024 and we are ATH
davidkalop
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any update from your end. Looks like heading higher
FederalXBT
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@davidkalop, The update is in the news article, every expert was off in 1927 and they are off in 2023.
Just follow the timeline from 1920-1932 and compare it to 2017-2027.
The US FRED is forced to halt / lower rates to avoid more US interest + debt there is no second choice here, if you contain inflation the debt goes parabolic and everyone loses. While people are waiting the recession that logically cannot happen due to no GDP growth = less tax receipts = debt spiral goes higher, they don't even understand them entering the market when they're wrong is going to fuel this insanity.
So if we built a system that mathematically collapses if a recession happens due to the 33.1T debt the only logical answer is to drop rates back to zero and let the markets run and hope innovation outpaces the crisis waiting to happen, this is why they are forced to allow AI, LLM, NVDA, TSLA, BTC ETFs to run heck the most ETF's launched in a single year happen in 2023 should be telling.