"Soon" = within a month or two I think.
The Lunatic Fringe - Market and Trade Chat
- Thread starter TheRealZed
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Like they did before airlines hit towers...?
Cigarlover
Ground Beetle
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Viking
Yellow Jacket
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When life hands you lemons SQUEEZE 'em and make lemonade!
Cigarlover
Ground Beetle
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How do you crash this market? You either need a 9/11 event or a banking crisis. Since the fed has shown it will backstop any bank issue there probably won't be a banking crisis.
Doesn't blackrock own like 70% of everything? That leaves very little for regular investors to grab. Every month we also have billions in 401k money that needs to get deployed. Most 401k's don't have money market options so the money has to go into either stocks or bonds. So the market is basically backstopped by 401k investors.
A dollar crisis is possible if a replacement for the US dollar being the reserve currency can be found. right now it can't. China is really the only candidate and they aren't ready for prime time yet. At best the brics countries will have an alternative to the swift system which will negate any embargo the US wants to impose but it won't be a replacement for the reserve status of the dollar. Important to keep in mind that many of these nations have outstanding loans and those loans are payable with dollars so they need the dollars.
The US debt will continue to grow regardless of who gets elected. Inflation will continue and stocks will go higher because of it. Gold as well and it may even drag silver up for a ride. Taxes will have to go up as well.
What am I missing?
Doesn't blackrock own like 70% of everything? That leaves very little for regular investors to grab. Every month we also have billions in 401k money that needs to get deployed. Most 401k's don't have money market options so the money has to go into either stocks or bonds. So the market is basically backstopped by 401k investors.
A dollar crisis is possible if a replacement for the US dollar being the reserve currency can be found. right now it can't. China is really the only candidate and they aren't ready for prime time yet. At best the brics countries will have an alternative to the swift system which will negate any embargo the US wants to impose but it won't be a replacement for the reserve status of the dollar. Important to keep in mind that many of these nations have outstanding loans and those loans are payable with dollars so they need the dollars.
The US debt will continue to grow regardless of who gets elected. Inflation will continue and stocks will go higher because of it. Gold as well and it may even drag silver up for a ride. Taxes will have to go up as well.
What am I missing?
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Lower the interest rates?
Cigarlover
Ground Beetle
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Thats usually signaled a recession in the past and did cause markets to pull back. The fed has already said cut is coming this month and the markets have basically blown it off.
This economy needs a recession. A very prolonged recession to get rid of the excesses in everything. I just dont see the government allowing that to happen. Trump or Kamala will print money and spend like crazy to keep things going. The next 6-12 month will be interesting but I wouldn't start shorting just yet.
Viking
Yellow Jacket
I just made another purchase. Should be back to normal on Monday..