Careful with Bitcoin Influencers please...DXY Moon-mission
Everything is now collapsing against the dollar.
JPY, GBP, EUR, all going to hell. Remember that influencers were always shouting: "THE DOLLAR IS GOING TO 0!" and "BITCOIN IS GOING TO THE MOOOOON!"...
I hope this serves as a lesson for many, because if not...they're doomed.
Covid aftermath is on. The FED has just doubled-down on Quantitative tightening.
J. Powell said at the latest FOMC that the FED is intentionally breaking the economy to fight inflation, and that low-income citizens have enough money saved to go through a Recession because they was given free money in 2020-21. JOKES 🤡
Powell has aswell said that the housing market must have a correction. Attention to the wording here...He did not say a crash. He said "correction". There's a BIG difference here.
S&P500 loses 3,650 and the DJIA loses 29,500 and it's lights out.
A necessary evil though. The sooner markets crash further, the sooner we are to witness one of the strongest reversals in many years.
FIAT ready to buy lower.
I believe the FED will start considering polishing and using their money printer again once (and if) the markets reset to Pre-pandemic levels. That can aswell be considered a Great Reset (to levels pre-pandemic/pre-Recession). That's not a crash from current levels. It's -7% away right now, and it's -29% total drop from the top on early January (which coincides with the exact date Elon Musk tweeted "Roaring 20's").
The FED is predicting outcomes for 2025 when they cannot predict anything for the next 6 months...It is very likely that we see another 75bps increase for interest rates on November 2nd.
Sooner or later the FED will slow down these rate increases and then stop it all together. That will be the beginning of the fed's Pivot. Powell said: "At some point, the FED will slow down the interest rates and see how it's affecting the economy"
The Bank of England is now announcing a Recession but the FED already mentioned that they will eventually slow down with interest rates?
Food for thought...
We're more than half-way through a Recession.
The opening of the Stock Market tomorrow will be intense. Moves start today with futures opening...
Get ready. Don't give up on the markets. Get educated. Forget influencers. They're 100% useless.
"What goes up must come down, and what goes down must come up"
JPY, GBP, EUR, all going to hell. Remember that influencers were always shouting: "THE DOLLAR IS GOING TO 0!" and "BITCOIN IS GOING TO THE MOOOOON!"...
I hope this serves as a lesson for many, because if not...they're doomed.
Covid aftermath is on. The FED has just doubled-down on Quantitative tightening.
J. Powell said at the latest FOMC that the FED is intentionally breaking the economy to fight inflation, and that low-income citizens have enough money saved to go through a Recession because they was given free money in 2020-21. JOKES 🤡
Powell has aswell said that the housing market must have a correction. Attention to the wording here...He did not say a crash. He said "correction". There's a BIG difference here.
S&P500 loses 3,650 and the DJIA loses 29,500 and it's lights out.
A necessary evil though. The sooner markets crash further, the sooner we are to witness one of the strongest reversals in many years.
FIAT ready to buy lower.
I believe the FED will start considering polishing and using their money printer again once (and if) the markets reset to Pre-pandemic levels. That can aswell be considered a Great Reset (to levels pre-pandemic/pre-Recession). That's not a crash from current levels. It's -7% away right now, and it's -29% total drop from the top on early January (which coincides with the exact date Elon Musk tweeted "Roaring 20's").
The FED is predicting outcomes for 2025 when they cannot predict anything for the next 6 months...It is very likely that we see another 75bps increase for interest rates on November 2nd.
Sooner or later the FED will slow down these rate increases and then stop it all together. That will be the beginning of the fed's Pivot. Powell said: "At some point, the FED will slow down the interest rates and see how it's affecting the economy"
The Bank of England is now announcing a Recession but the FED already mentioned that they will eventually slow down with interest rates?
Food for thought...
We're more than half-way through a Recession.
The opening of the Stock Market tomorrow will be intense. Moves start today with futures opening...
Get ready. Don't give up on the markets. Get educated. Forget influencers. They're 100% useless.
"What goes up must come down, and what goes down must come up"