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The market correction is nothing, nothing, to do with Covid-19. It was the pin that burst an already inflated bubble. Sure, every media outlet is selling that story. However the truth is we've been in a bubble for 15+ years.
The market correction is nothing, nothing, to do with Covid-19. It was the pin that burst an already inflated bubble. Sure, every media outlet is selling that story. However the truth is we've been in a bubble for 15+ years.
A new bull market has begun
It's just a bear market rally
All the money being created will send stocks to new all time highs
We're entering a depression reminiscent of 1929
Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.
A new bull market has begun
It's just a bear market rally
All the money being created will send stocks to new all time highs
We're entering a depression reminiscent of 1929
Or there’s the scootie contrarian position where the actual outcome isn’t in the superset of all possible outcomes.
A new bull market has begun
It's just a bear market rally
All the money being created will send stocks to new all time highs
We're entering a depression reminiscent of 1929
I don't have a single clue what is happening...
If someone is trying to confuse people is doing a very good job.
What is clear is that we are not out of the woods yet but stocks are soaring right now.
Probably there is one key word that explains everything... BUYBACKS, as long it is legal we won't be able to pinpoint any value.
I don't have a single clue what is happening...
If someone is trying to confuse people is doing a very good job.
What is clear is that we are not out of the woods yet but stocks are soaring right now.
Probably there is one key word that explains everything... BUYBACKS, as long it is legal we won't be able to pinpoint any value.
A new bull market has begun
It's just a bear market rally
All the money being created will send stocks to new all time highs
We're entering a depression reminiscent of 1929
The Financial Times recently had a headline that was approximately:
"Predicted Recession Predicted to be Worst in a century"
The same day the S&P500 ticker above the headline was up 4.5%
Money injected now will be mixed in for the crash. I simply don't think any amount of money manipulation can keep the markets up at current levels without storing the problem up for the future. Being rid of some zombie debt-riddled companies is a good thing. Unemployment is shooting up anyway, as we all know, so there's no point in us pretending things will be ok if we just employ those people in more insecure work from the very companies that just fired them.
The Financial Times recently had a headline that was approximately:
"Predicted Recession Predicted to be Worst in a century"
The same day the S&P500 ticker above the headline was up 4.5%
Money injected now will be mixed in for the crash. I simply don't think any amount of money manipulation can keep the markets up at current levels without storing the problem up for the future. Being rid of some zombie debt-riddled companies is a good thing. Unemployment is shooting up anyway, as we all know, so there's no point in us pretending things will be ok if we just employ those people in more insecure work from the very companies that just fired them.
I pity those poor bastards who've been furloughed into redundancy and are too thick to realise it...
Old Greg - In search of acceptance since Mar 2007. Hoping each leap will be his last.
The Dow Jones is still very much on for a belter of a crash. Almost impossible to avoid now. A few weeks ago I recall saying something about mid June... we're still on course. All that has changed is the angle of approach of the 3-day death cross, it has increased.
Whatever is happening mid-late June it ani't going to be pretty. The housing crash should follow in the remaining months of the year.
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain
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