Well well well here we are again now that your fake heroes have finally given up on calling inflation transitory which even a a circus monkey to tell you that wasn't going to happen we Can begin with the bloodbath. Well not here necessarily that will begin with the S&P 500 it will make sense soon enough. I will start with my condolences for those retirees with their 60/30 getting hammered both ways for those doing good keep it going baby. The boys at FED just started removing money from the markets this the beginning of more quantitative tightening measures to come. Anyone believing that this can hold if it goes to 130 it's just pure fractional wrongness while we are oversold The FED is no longer buying therefore no reason for this to make a turnaround we have been on a downturn since March 9th 2020 and people would rather risk money on the market than to buy these bonds even if the S&P were to capitulate to 3500 YES I know 600 points that's what happens when markets are flooded with cheap money. My best case scenario is bonds go 5-8% up I have a range of put options with expiration's in August September and some in January 2023. But I'm a cheapskate so I'm waiting for those puts to get a little cheap its in my best interest to do so. (Remember money is made when people refuse to think that bad things can happen and they WILL This is just the beginning BABY)
[On a side-note besides me being pessimistic on markets Hopefully nobody starts to jump from windows like in 2020 and yes I really don't want this to happen again it is truly sad man.]
@Nakedsnake14, believing in the all power fed is like believing in the president, they are just pitchmen attempting to move the herd into the trap. Seems you have fallen for it...
Nakedsnake14
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@jscheurichiv lol what have I fallen for I made light of a serious situation I dont care about the FED all that matter is what they do they lie all the time and they should let the martket freefall all that morphine and you good and its going to have withdrawals very soon