stockmarketupdate

$SPX Second market Crash

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OANDA:SPX500USD   S&P 500 Index

Over $18 Trillion In Global Stimulus In 2020, 21% Of World GDP
Before COVID central banks spent $108 trillions, slashed rates to negative forecasting global GDP will be less than 3
Before Covid in Oct 18 Fed opened Repo spent $1.2 trillions to opush $SPX to 3300
Before Covid global economy was in a deep deep trouble
Before Covid, consumer spending (75%) of US corporate income was the only thing keeping the US afloat
After Covid, global economy was decimated, consumer confidence shattered, global unemployment skyrocketed
After Covid, Airline, Tourism , Oil demand crushed and forecasted never going back to normal
After Covid, ordinary people lives changed forever, social distancing became a new normal
Fed and other central banks jumped in again but this time that had to fire all their guns
"YTD, the amount of total global stimulus, both fiscal and monetary, is now a "staggering" $18.4 trillion in 2020 consisting of $10.4 trillion in fiscal stimulus and $7.9tn in monetary stimulus - for a grand total of 20.8% of global GDP, injected mostly in just the past 3 months!"
Market rallied on fantasy of V shape recovery back to pre-covid where global world already had a problem
Retail investors of Robinhood buying bankrupt companies, using scrabble to randomly buy stocks
Menia, and bubble came together exactly like 2000 .dotcom bubble. Market bubble and retails scrabble hestia is only comparable to 2000
FANG stocks valuation is 152% of the US GDP when global economy has been devastated
Now Covid is back. The truth is Covid never went away. There is no such thing as wave one or wave 2. Covid didn't go away, didn't vanished
Covid is in cities swerges. Covid is in Norwegian Salmon , Covis is in beaches, pool parties and factories
Fed spent $8 trillions and now they are coming short, July Fed purchase dropped to a year low. Why? Obvious, they spent so much, nothing left.
Sovereign funds dumping US treasury, sighting low treasury yields and massive Fed deficit.
Gold rallied to $1770 from $1400 in 2019. Gold and silver are the only true valued commodity because paper money is now worthless
So, get ready for the Global Stock market crash of June/July. This time however, you have seen the fantesy didnt work, and you will see the most vilent sell-off in history of the stock market

Stock Market Update

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Preach brotha!

+1 Reply
amin
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