It seems like the market is ripe for a significant sell off. While mainstream news like CNBC and Bloomberg tell us that everything is rosy, the hard data spells otherwise. Just remember, these were the same people who laughed at economists like Peter Schiff in 2007 when they said a market collapse was coming. Truth of the matter is when anyone looks at the hard data, we see hurt coming soon. The biggest tale tale is as Goldman put it "51% Of All Market Gains Since April Are From Just 5 Stocks"
Add to that inflation basically going out of control, retail sales dwindling, and creeping joblessness claims. Historically, higher interest rates was always negative for stocks. With the threat of tapering we will soon see the markets react.
It's VIX season.
Expect crypto to fall 30-50% once things start rolling.
Add to that inflation basically going out of control, retail sales dwindling, and creeping joblessness claims. Historically, higher interest rates was always negative for stocks. With the threat of tapering we will soon see the markets react.
It's VIX season.
Expect crypto to fall 30-50% once things start rolling.