AndyM

A lot more downside..

Short
FX:SPX500   S&P 500 Index
The structural developments in VIX suggest that the upward correction in SPX and other indices is nearly completed. EURUSD is also ready to move sharply lower.

In the next couple of months VIX will shoot above 100.
TNX will reach 6-7% or higher,
EURJPY will break below 88,
EURUSD will dip below 0.7990,
USDJPY will hit 100 or lower,
Crude will revisit the $10-15 range,
SPX will get dispatched to ~1500.

On the societal side of things: the "woke" trends will all of a sudden completely lose traction.
Diversity? Equity? Inclusivity? Non-binary-genderless... stuff? Never heard of that. Things will start coming back to normal - to where we've left them in our pursuit of fiat prosperity. To the state of the society of the early 70s, right before money printing kicked in. All fakeness accumulated in the society will be undone. Fake jobs, fake worthless products, fake emotions, fake incomes and valuations.

People will view the events of the next few months as the most devastating crash in the history of the markets. This is a wrong way of looking at things. In fact, the system will start repairing itself. The H2'22 will be just the first step in the right direction, it will take a long time to complete, but it will be a beautiful process to contemplate.
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